A number of other research analysts have also weighed in on XEBEF. Canaccord Genuity Group lowered shares of Xebec Adsorption from a buy rating to a hold rating and reduced their price objective for the company from C$5.00 to C$2.25 in a research note on Friday, March 18th. Scotiabank assumed coverage on shares of Xebec Adsorption in a report on Monday, April 4th. They issued a sector perform rating for the company. National Bank Financial raised shares of Xebec Adsorption from a sector perform rating to an outperform rating in a report on Thursday, March 31st. Finally, TD Securities downgraded shares of Xebec Adsorption from a buy rating to a hold rating in a report on Thursday, March 31st. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of Buy and an average price target of $4.00.
Xebec Adsorption stock opened at $1.92 on Thursday. Xebec Adsorption has a 1-year low of $1.07 and a 1-year high of $4.43. The firm has a 50 day simple moving average of $1.46 and a 200 day simple moving average of $1.85.
Xebec Adsorption, Inc engages in the design and manufacture of environmentally responsible purification, separation, dehydration, and filtration equipment for gases and compressed air. It operates through the following segments: Systems, Service, and Infrastructure. The System segment provides renewable natural gas, hydrogen, and renewable hydrogen for a variety of applications, from fuel cells to fossil fuel replacement applications for low carbon transportation fuels.
- Get a free copy of the StockNews.com research report on Xebec Adsorption (XEBEF)
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