Analysts’ views on Xero diverge sharply

Shares fell last week after Xero announced CEO Steve Vamos is leaving. (Image: Xero)

Thu, 17 Nov 2022

They say diverging views make a market. That's certainly the case with Xero.Analysts’ views about the accounting software company range from “buy” and “overweight” to "neutral".Their 12-month target prices range anywhere from A$70 (NZ$77) to A$115, compared with the A$68.64 market price on Wednesday afternoon.The shares have certainly been badly beaten up this year, falling as low as A$62.85 last week after Xero announced chief executive Steve Vamos will be replaced in February by former Google execut...

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