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An update from Xero Limited ( (AU:XRO) ) is now available.
Xero Limited has announced the application for quotation of new securities on the Australian Securities Exchange (ASX). This move involves the issuance of a significant number of ordinary fully paid shares, which could potentially enhance the company’s market presence and provide additional capital for its operations. The announcement reflects Xero’s ongoing efforts to strengthen its financial position and expand its reach within the industry.
The most recent analyst rating on (AU:XRO) stock is a Buy with a A$210.00 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 for small and medium-sized businesses. The company focuses on offering financial management solutions to help businesses streamline their accounting processes and improve financial decision-making.
YTD Price Performance: -4.51%
Average Trading Volume: 466,428
Technical Sentiment Signal: Buy
Current Market Cap: A$26.61B
See more data about XRO stock on TipRanks’ Stock Analysis page.