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

Oxford Instruments (LON:OXIG – Get Free Report)‘s stock had its “hold” rating restated by equities research analysts at Jefferies Financial Group in a research report issued on Wednesday, Digital Look reports. They currently have a GBX 3,000 price target on the stock. Jefferies Financial Group’s price objective points to a potential upside of 1.56% from the company’s current price.

A number of other brokerages have also commented on OXIG. Berenberg Bank decreased their price target on shares of Oxford Instruments from GBX 3,000 to GBX 2,840 and set a “hold” rating on the stock in a research note on Wednesday. JPMorgan Chase & Co. raised their price objective on shares of Oxford Instruments from GBX 3,200 to GBX 3,400 and gave the stock an “overweight” rating in a research report on Thursday, September 10th. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of GBX 2,948.

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Oxford Instruments Price Performance

Shares of OXIG opened at GBX 2,954 on Wednesday. The firm has a market capitalization of £1.62 billion, a PE ratio of 35.29, a PEG ratio of -3.56 and a beta of 1.09. The company’s 50-day moving average is GBX 2,862.37 and its 200-day moving average is GBX 2,872.61. Oxford Instruments has a fifty-two week low of GBX 1,750 and a fifty-two week high of GBX 3,318. The company has a debt-to-equity ratio of 13.08, a current ratio of 1.83 and a quick ratio of 1.11.

Insiders Place Their Bets

In other news, insider Richard Tyson bought 65 shares of the company’s stock in a transaction dated Thursday, September 10th. The stock was bought at an average price of GBX 2,731 per share, with a total value of £1,775.15. Also, insider Paul Fry bought 66 shares of Oxford Instruments stock in a transaction dated Thursday, September 10th. The stock was acquired at an average cost of GBX 2,731 per share, with a total value of £1,802.46. Insiders have bought 5,620 shares of company stock valued at $17,066,277 in the last three months. Insiders own 1.56% of the company’s stock.

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