In a report released today, Siraj Ahmed from Citi maintained a Buy rating on Xero Limited (XROLF – Research Report), with a price target of A$158.20. The company’s shares closed yesterday at $99.30.
Ahmed covers the Technology sector, focusing on stocks such as Nextdc Limited, Xero Limited, and Wisetech Global Ltd.. According to TipRanks, Ahmed has an average return of 11.9% and a 60.00% success rate on recommended stocks.
In addition to Citi, Xero Limited also received a Buy from CLSA’s Nicholas Basile in a report issued yesterday. However, on the same day, Wilsons maintained a Hold rating on Xero Limited (Other OTC: XROLF).
The company has a one-year high of $100.32 and a one-year low of $61.53. Currently, Xero Limited has an average volume of 1,355.
TipRanks tracks over 100,000 company insiders, identifying the select few who excel in timing their transactions. By upgrading to TipRanks Premium, you will gain access to this exclusive data and discover crucial insights to guide your investment decisions. Begin your TipRanks Premium journey today.
Xero Limited (XROLF) Company Description:
Xero Ltd. engages in providing online business solutions for small businesses and their advisors. The company founded by Rodney Kenneth Drury and Hamish Edwards on July 6, 2006 and is headquartered in Wellington, New Zealand.
