Oxford Instruments (LON:OXIG) Reaches New 52-Week High – What’s Next?

Oxford Instruments plc (LON:OXIGGet Free Report)’s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 2,535 and last traded at GBX 2,533.13, with a volume of 13373 shares changing hands. The stock had previously closed at GBX 2,525.

Analyst Ratings Changes

Several research analysts have commented on OXIG shares. Shore Capital reaffirmed a “buy” rating and set a GBX 2,600 price objective on shares of Oxford Instruments in a research note on Thursday, January 15th. Deutsche Bank Aktiengesellschaft raised their price target on Oxford Instruments from GBX 2,435 to GBX 2,675 and gave the stock a “buy” rating in a research report on Thursday, January 15th. Peel Hunt reiterated a “buy” rating and issued a GBX 2,400 price objective on shares of Oxford Instruments in a research report on Monday, October 13th. Berenberg Bank increased their price objective on Oxford Instruments from GBX 2,400 to GBX 2,700 and gave the company a “buy” rating in a research note on Thursday, January 15th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Oxford Instruments from GBX 2,500 to GBX 2,600 and gave the stock an “overweight” rating in a research note on Thursday, December 4th. Five investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, Oxford Instruments currently has a consensus rating of “Buy” and an average target price of GBX 2,595.

View Our Latest Stock Analysis on Oxford Instruments

Oxford Instruments Price Performance

The firm’s 50 day moving average is GBX 2,113.79 and its 200 day moving average is GBX 1,963.44. The firm has a market cap of £1.41 billion, a P/E ratio of 105.70, a price-to-earnings-growth ratio of -3.56 and a beta of 0.96. The company has a debt-to-equity ratio of 12.96, a current ratio of 1.64 and a quick ratio of 1.11.

Oxford Instruments (LON:OXIGGet Free Report) last announced its quarterly earnings data on Tuesday, November 11th. The company reported GBX 33 earnings per share (EPS) for the quarter. Oxford Instruments had a return on equity of 14.14% and a net margin of 10.78%. As a group, analysts anticipate that Oxford Instruments plc will post 117.7149452 earnings per share for the current year.

Oxford Instruments Company Profile

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