Oxford Instruments (LON:OXIG)‘s stock had its “buy” rating reissued by research analysts at Peel Hunt in a research note issued on Monday, ThisIsMoney.Co.Uk reports. They currently have a GBX 1,450 ($18.95) target price on the stock, up from their previous target price of GBX 1,300 ($16.99). Peel Hunt’s price target indicates a potential upside of 14.17% from the company’s previous close.
Other research analysts have also recently issued reports about the company. Numis Securities reaffirmed a “buy” rating and set a GBX 1,460 ($19.08) price objective on shares of Oxford Instruments in a research note on Thursday, June 13th. JPMorgan Chase & Co. lifted their price objective on Oxford Instruments from GBX 1,025 ($13.39) to GBX 1,180 ($15.42) and gave the stock an “overweight” rating in a report on Tuesday, June 11th. Finally, Berenberg Bank lowered their target price on Oxford Instruments from GBX 1,400 ($18.29) to GBX 1,040 ($13.59) and set a “buy” rating for the company in a research note on Wednesday, June 19th. Six investment analysts have rated the stock with a buy rating, The stock presently has a consensus rating of “Buy” and an average price target of GBX 1,282.50 ($16.76).
Oxford Instruments stock opened at GBX 1,270 ($16.59) on Monday. The firm has a fifty day simple moving average of GBX 1,314.68 and a two-hundred day simple moving average of GBX 1,167.51. The company has a quick ratio of 0.84, a current ratio of 1.33 and a debt-to-equity ratio of 18.55. Oxford Instruments has a twelve month low of GBX 813 ($10.62) and a twelve month high of GBX 1,468 ($19.18). The company has a market capitalization of $726.44 million and a PE ratio of 24.42.
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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