In a report released today, Kane Hannan from Goldman Sachs maintained a Buy rating on Xero Limited (XROLF – Research Report). The company’s shares closed last Tuesday at $72.20.
Hannan covers the Technology sector, focusing on stocks such as Megaport Ltd., Wisetech Global Ltd., and Xero Limited. According to TipRanks, Hannan has an average return of 11.4% and a 62.07% success rate on recommended stocks.
Xero Limited has an analyst consensus of Moderate Buy, with a price target consensus of $79.67.
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XROLF market cap is currently $11.35B and has a P/E ratio of -424.03.
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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.
