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Xaar plc (LON:XAR) Given Average Rating of “Hold” by Brokerages

HSBC’s price objective points to a potential upside of 14.42% from the stock’s previous close.

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K3 Business Technology Group plc with EPIC/TICKER LON:KBT has had its stock rating noted as “Reiterates” with the recommendation being set at “CORPORATE” today by analysts at finnCap. The stock has a consensus rating of “Hold” and a consensus price target of GBX 893.33 ($11.66).

Shares of Xaar plc (LON:XAR) traded down 1.89% during mid-day trading on Friday, hitting GBX 494.00. Xaar plc has a 12 month low of GBX 375.00 and a 12 month high of GBX 566.50.

There are now 43,971,000 shares in issue with a current share value of 2580 giving Ted Baker Plc a market capitalisation of 1.13B GBp. The company has a 50-day moving average of GBX 0.71 and a 200-day moving average of GBX 1.00.

This story is the sole property of American Banking News and it was originally published by American Banking News. Shareholders of record on Thursday, September 1st will be issued a GBX 7.50 ($0.10) dividend. The ex-dividend date of this dividend is Thursday, September 1st. This represents a dividend yield of 2.14%.

In other Novae Group Plc news, insider Fosh, Matthew K purchased 57 shares of the stock in a transaction on Wednesday, August 3rd.

Jefferies, however, is more optimistic on Imperial Brands, having lifted its stance on the shares to ‘buy, ‘ and hiking its price target on the stock from 3,550p to 4,600p. The Company’s business operates through approximately 150 out-of-town superstores and around six high streets, and provides further multi-channel convenience through online, mobile, catalogue, telephone ordering, and reserve and collect propositions. The Company’s segments are Retail, Manufacturing & Distribution and Head Office.

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“While not peer best, we believe actions the company has taken has positioned it well to deliver earnings per share growth of mid single digit over the medium to long term”, the Guardian quoted the analysts as saying, adding that this should “support a continued 10-percent dividend increase each year”.

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