Oxford Instruments plc (OXIG) Cut to “Hold” at Numis Securities Ltd
Numis Securities Ltd lowered shares of Oxford Instruments plc (LON:OXIG) to a hold rating in a research note published on Wednesday morning. Numis Securities Ltd currently has GBX 815 ($10.86) price objective on the stock, down from their previous price objective of GBX 880 ($11.72).
Several other analysts have also weighed in on OXIG. JPMorgan Chase & Co. restated an overweight rating and set a GBX 870 ($11.59) price target on shares of Oxford Instruments plc in a report on Monday, August 22nd. Liberum Capital restated a hold rating and set a GBX 690 ($9.19) price target on shares of Oxford Instruments plc in a report on Tuesday, September 13th. Beaufort Securities lowered Oxford Instruments plc to a hold rating in a report on Thursday, July 21st. Investec restated a hold rating and set a GBX 678 ($9.03) price target on shares of Oxford Instruments plc in a report on Monday, June 13th. Finally, Peel Hunt increased their price target on Oxford Instruments plc from GBX 600 ($7.99) to GBX 735 ($9.79) and gave the company a hold rating in a report on Friday, June 17th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and three have issued a buy rating to the company. Oxford Instruments plc has an average rating of Hold and a consensus price target of GBX 747.70 ($9.96).
Oxford Instruments plc (LON:OXIG) opened at 691.875 on Wednesday. The firm’s 50-day moving average price is GBX 742.73 and its 200 day moving average price is GBX 696.82. Oxford Instruments plc has a 12 month low of GBX 502.62 and a 12 month high of GBX 804.36. The stock’s market cap is GBX 395.16 million.
About Oxford Instruments plc
Oxford Instruments plc is a United Kingdom-based provider of high technology tools and systems for research and industry. The Company designs and manufactures equipment that can fabricate, characterize, manipulate and analyze matter at the atomic and molecular level. The Company operates through nine segments, which are combined into three aggregated operating segments.
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