Oxford Instruments (LON:OXIG) Earns Buy Rating from Shore Capital
Oxford Instruments (LON:OXIG)‘s stock had its “buy” rating reaffirmed by equities research analysts at Shore Capital in a report released on Monday, ThisIsMoney.Co.Uk reports.
OXIG has been the topic of a number of other research reports. JPMorgan Chase & Co. reduced their price objective on Oxford Instruments from GBX 1,462 ($19.23) to GBX 1,250 ($16.44) and set an “overweight” rating on the stock in a research note on Monday, March 23rd. Berenberg Bank cut their price target on Oxford Instruments from GBX 1,825 ($24.01) to GBX 1,215 ($15.98) and set a “buy” rating on the stock in a research note on Thursday. Finally, Peel Hunt reaffirmed a “buy” rating on shares of Oxford Instruments in a research note on Monday. One analyst has rated the stock with a hold rating and six have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of GBX 1,459.17 ($19.19).
Oxford Instruments stock opened at GBX 1,189.54 ($15.65) on Monday. The company has a debt-to-equity ratio of 17.20, a quick ratio of 0.88 and a current ratio of 1.37. The firm has a market cap of $671.99 million and a P/E ratio of 19.47. The business’s fifty day moving average is GBX 1,369.58 and its two-hundred day moving average is GBX 1,420.22. Oxford Instruments has a 52 week low of GBX 724 ($9.52) and a 52 week high of GBX 1,672 ($21.99).
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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