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Thoughts on Xero (XRO) please

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    Thoughts on Xero (XRO) please

    Hi Market Matters Team Your current view on XRO (Xero) please. regards Deb

    Answer

    Hi Debbie,

    We are staying true to our commentary over the last 6 months believing on-line accounting platform Xero is a world class business and we don’t want to loose our position in our Active Growth Portfolio.

    • In terms of short-term swings, in line with our outlook towards the ASX200 we can see XRO rotating between $165 and $195 with current weakness close to providing an excellent risk/reward buying opportunity.
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    Xero Ltd (XRO)
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