XP announced a cash dividend of 0.73 with an ex-date of Dec. 12, 2023
|Bid||0.00 x 36900|
|Ask||0.00 x 1400|
|Day's Range||23.45 - 24.29|
|52 Week Range||10.30 - 27.71|
|Beta (5Y Monthly)||1.68|
|PE Ratio (TTM)||16.58|
|Earnings Date||Feb 14, 2024 - Feb 19, 2024|
|Forward Dividend & Yield||1.32 (5.79%)|
|Ex-Dividend Date||Dec 12, 2023|
|1y Target Est||29.02|
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Investment management company XP Inc. was raised to an overweight (buy) rating by JPMorgan with a $30 price target. Let's check and see if the charts and indicators are in agreement. In this daily bar chart of XP, below, I can see that prices staged a strong rally from March to August.
SÃO PAULO, November 22, 2023--XP Inc. (Nasdaq: XP), a leading, technology-driven platform and a trusted provider of low-fee financial products and services in Brazil, announced today the appointment of André Parize to lead its Investor Relations team. Parize joins the company's IR team in São Paulo and will report to Bruno Constantino, Chief Financial Officer of XP Inc.
Brazil-focused fintechs, including two backed by Warren Buffett, are thriving amid a strong economy, internet user growth and the unbanked.