4 days ago
Bank of America Securities Sticks to Their Buy Rating for Xero Limited (XROLF)
In a report released on June 26, Sriharsh Singh from Bank of America Securities maintained a Buy rating on Xero Limited (XROLF – Research Report), with a price target of A$205.00. The company's shares closed yesterday at $126.40.
Confident Investing Starts Here:
Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
According to TipRanks, Singh is a 3-star analyst with an average return of 32.9% and a 100.00% success rate.
In addition to Bank of America Securities, Xero Limited also received a Buy from Jarden's Tom Beadle in a report issued yesterday. However, on June 26, Wilsons maintained a Hold rating on Xero Limited (Other OTC: XROLF).
Based on Xero Limited's latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $995.87 million and a net profit of $95.09 million. In comparison, last year the company earned a revenue of $793.87 million and had a net profit of $53.7 million
