Oxford Instruments’ (OXIG) Hold Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group reiterated their hold rating on shares of Oxford Instruments (LON:OXIG) in a research note published on Wednesday, MarketBeat Ratings reports. Jefferies Financial Group currently has a GBX 2,240 ($28.52) price target on the stock.

Several other equities analysts have also issued reports on OXIG. JPMorgan Chase & Co. lifted their price target on shares of Oxford Instruments from GBX 2,400 ($30.56) to GBX 2,750 ($35.02) and gave the stock an overweight rating in a report on Wednesday. Shore Capital reaffirmed a buy rating on shares of Oxford Instruments in a report on Wednesday. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of Moderate Buy and a consensus target price of GBX 2,073.75 ($26.41).

Oxford Instruments Stock Performance

Shares of OXIG stock opened at GBX 2,600 ($33.11) on Wednesday. The company’s 50 day moving average is GBX 2,330.32 and its 200 day moving average is GBX 2,228.54. The company has a quick ratio of 1.11, a current ratio of 1.67 and a debt-to-equity ratio of 16.33. Oxford Instruments has a 52-week low of GBX 1,634 ($20.81) and a 52-week high of GBX 2,850 ($36.29). The firm has a market cap of £1.51 billion, a price-to-earnings ratio of 2,452.83, a PEG ratio of -3.56 and a beta of 0.95.

Oxford Instruments Increases Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, August 20th. Stockholders of record on Thursday, July 11th will be paid a dividend of GBX 15.90 ($0.20) per share. This is an increase from Oxford Instruments’s previous dividend of $4.90. This represents a dividend yield of 0.65%. The ex-dividend date of this dividend is Thursday, July 11th. Oxford Instruments’s payout ratio is presently 1,886.79%.

Oxford Instruments Company Profile

Oxford Instruments plc designs and supplies technology products and services in Europe, North America, Asia, and internationally. It operates through three segments: Materials & Characterisation, Research & Discovery, and Service & Healthcare. The company offers atomic force, electron, and raman microscopy; deposition and etch tools; low temperature systems; optical imaging; nuclear magnetic resonance, modular optical spectroscopy; and x-ray.