TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Xero Limited ( (AU:XRO) ) just unveiled an update.
Xero Limited announced the cessation of 91,229 restricted stock units due to the lapse of conditional rights, as the conditions were not met or became incapable of being satisfied. This cessation of securities may impact the company’s capital structure and could have implications for stakeholders, reflecting on Xero’s operational adjustments and strategic focus within the competitive software industry.
The most recent analyst rating on (AU:XRO) stock is a Buy with a A$225.00 price target. To see the full list of analyst forecasts on Xero Limited stock, see the AU:XRO Stock Forecast page.
More about Xero Limited
Xero Limited operates in the software industry, primarily providing cloud-based accounting software solutions for small and medium-sized businesses. The company focuses on delivering tools that simplify financial management and enhance business productivity.
Average Trading Volume: 549,357
Technical Sentiment Signal: Sell
Current Market Cap: A$20.24B
For an in-depth examination of XRO stock, go to TipRanks’ Overview page.