Barclays Trims Oxford Instruments (OXIG) Target Price to GBX 1,090
Oxford Instruments (LON:OXIG) had its target price lowered by Barclays from GBX 1,145 ($15.41) to GBX 1,090 ($14.67) in a research note issued to investors on Monday morning. The brokerage currently has an overweight rating on the stock.
Other research analysts also recently issued reports about the company. Numis Securities reiterated a buy rating and issued a GBX 1,275 ($17.16) price target on shares of Oxford Instruments in a report on Tuesday, December 5th. Peel Hunt reiterated a hold rating and issued a GBX 1,020 ($13.73) price target on shares of Oxford Instruments in a report on Tuesday, November 14th. Liberum Capital reiterated a hold rating and issued a GBX 1,150 ($15.48) price target on shares of Oxford Instruments in a report on Tuesday, November 14th. Shore Capital reiterated a hold rating on shares of Oxford Instruments in a report on Monday, November 13th. Finally, Berenberg Bank reiterated a hold rating on shares of Oxford Instruments in a report on Wednesday, September 6th. One analyst has rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the company’s stock. The company currently has an average rating of Hold and an average target price of GBX 1,053.13 ($14.17).
Shares of Oxford Instruments (LON:OXIG) opened at GBX 803.50 ($10.81) on Monday. Oxford Instruments has a 12 month low of GBX 700 ($9.42) and a 12 month high of GBX 1,174 ($15.80).
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About Oxford Instruments
Oxford Instruments plc is a provider of technology tools and systems for industry and research. The Company operates through two segments: Nanotechnology Tools and Service. The Nanotechnology Tools segment offers technology products serving research customers in both the public and private sectors. The Service segment contains the Company’s service, rental and refurbished asset sales business.
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