XP Power Ltd 39.3% potential upside indicated by Berenberg Bank

XP Power Ltd with ticker (LON:XPP) now has a potential upside of 39.3% according to Berenberg Bank.

XPP.L

Berenberg Bank set a target price of 1,950 GBX for the company, which when compared to the XP Power Ltd share price of 1,400 GBX at opening today (06/09/2024) indicates a potential upside of 39.3%. Trading has ranged between 682 (52 week low) and 2,489 (52 week high) with an average of 34,555 shares exchanging hands daily. The market capitalisation at the time of writing is £329,176,325.

XP Power Limited is a Singapore-based provider of power converter solutions. The Company’s business is based on three geographical areas: North America, Europe, and Asia. The Company’s products either power the electronics, in the case of its low-voltage products, or processes, in the case of its high-voltage, and radio frequency (RF) power systems. Its products have applications in the healthcare, industrial technology, or semiconductor manufacturing equipment sectors. The Company’s product range includes alternating current (AC) – direct current (DC) Power Supplies, DC-DC Converters, High Voltage AC-DC Power Supplies, High Voltage DC-DC Converters, RF Power Systems, EMI Filters, Custom Power Supplies, and three Phase Power. The Company’s production facilities are based in Massachusetts, New Jersey, and Silicon Valley in North America; China and Vietnam in Asia and maintains a small production facility in the United Kingdom for customer modifications.