Oxford Instruments (LON:OXIG) had its price objective raised by Peel Hunt from GBX 1,100 ($14.37) to GBX 1,300 ($16.99) in a research report released on Tuesday morning, ThisIsMoney.Co.Uk reports. The brokerage currently has a buy rating on the stock.
Separately, Numis Securities reissued a buy rating on shares of Oxford Instruments in a report on Thursday, June 6th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company currently has a consensus rating of Buy and an average price target of GBX 1,260 ($16.46).
Shares of OXIG stock opened at GBX 1,240 ($16.20) on Tuesday. The company has a current ratio of 1.17, a quick ratio of 0.65 and a debt-to-equity ratio of 22.81. The stock has a market capitalization of $703.46 million and a PE ratio of 38.04. Oxford Instruments has a fifty-two week low of GBX 813 ($10.62) and a fifty-two week high of GBX 1,252 ($16.36).
The company also recently disclosed a dividend, which will be paid on Friday, October 18th. Stockholders of record on Thursday, September 12th will be issued a GBX 10.60 ($0.14) dividend. The ex-dividend date is Thursday, September 12th. This is a positive change from Oxford Instruments’s previous dividend of $3.80. This represents a dividend yield of 0.91%. Oxford Instruments’s dividend payout ratio is currently 0.40%.
Oxford Instruments Company Profile
Oxford Instruments plc, through its subsidiaries, researches, develops, manufactures, rents, sells, and services tools and systems in the United States, rest of Europe, rest of Asia, the United Kingdom, Japan, China, Germany, and internationally. The company's Nanotechnology Tools segment provides high performance scientific imaging cameras, spectroscopy solutions, and microscopy systems for research and OEM markets; atomic force probe microscopy for materials and bioscience applications; 3D and 4D image visualization and analysis software; and nanoanalysis solutions for materials characterization and nanofabrication on scanning electron microscopes, focussed ion beams, and transmission electron microscopes.
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