UBS Keeps Their Buy Rating on Xero Limited (XROLF)

UBS kept a Buy rating on Xero Limited (XROLF) and set a price target of A$127.00, according to an analyst note referenced in the article. The coverage is attributed to Lucy Huang, who follows the Communication Services sector and covers other names including CAR Group, REA Group Ltd, and Seek Limited. TipRanks figures cited say Huang’s average return is -1.9% with a 42.03% success rate on recommended stocks. The article also notes that Citi, in a report dated September 10, maintained a Buy rating with a target of A$113.60. Xero’s 52-week trading range is given as A$59.65 (low) to A$162.34 (high). It cites average trading volume of 889.6K and says insider sentiment is negative, based on seven insiders with increased selling versus earlier in the year.