Xebec Adsorption Inc. (OTCMKTS:XEBEF – Get Rating) has been assigned a consensus recommendation of "Hold" from the seven brokerages that are presently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a hold recommendation. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $1.25.

Several equities research analysts recently issued reports on XEBEF shares. BMO Capital Markets decreased their price target on shares of Xebec Adsorption from C$1.75 to C$0.85 in a report on Friday, August 12th. Raymond James decreased their price target on shares of Xebec Adsorption from C$2.00 to C$1.50 in a report on Friday, August 12th. Desjardins decreased their price target on shares of Xebec Adsorption from C$3.00 to C$1.20 in a report on Monday, August 15th. Canaccord Genuity Group decreased their price target on shares of Xebec Adsorption from C$1.50 to C$0.80 and set a "hold" rating on the stock in a report on Thursday, August 18th. Finally, National Bank Financial reduced their target price on shares of Xebec Adsorption from C$2.00 to C$1.75 in a report on Friday, August 12th.

Xebec Adsorption Stock Up 3.1 %

Shares of Xebec Adsorption stock opened at $0.38 on Friday. The firm's 50 day moving average is $0.42 and its 200 day moving average is $0.64. Xebec Adsorption has a 1 year low of $0.36 and a 1 year high of $3.22.

Xebec Adsorption Company Profile

Xebec Adsorption Inc designs, manufactures, and sells purification, separation, dehydration, and filtration equipment for gases and compressed air in Canada, the United States, China, Korea, Italy, France, and internationally. It operates through Systems and Support segments. The company offers on-site air dehydration under the ADX Solutions brand; biogas to renewable natural gas systems under the BGX Solutions brand; hydrogen purification systems under the H2X Solutions brand; natural gas dehydration units for refueling stations under the NGX Solutions brand; and products for the filtration and separation of air and gases under FSX Solutions brand.

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