Oxford Instruments plc (LON:OXIG) Receives Average Recommendation of “Moderate Buy” from Analysts

Oxford Instruments plc (LON:OXIG) has received a consensus rating of “Moderate Buy” from the six brokerages that are presently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is GBX 2,631.67.

OXIG has been the topic of several analyst reports. Berenberg Bank lifted their target price 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. Deutsche Bank Aktiengesellschaft lifted their target price on Oxford Instruments from GBX 2,675 to GBX 2,900 and gave the company a “buy” rating in a research note on Wednesday, April 15th. Shore Capital Group reiterated a “buy” rating and issued a GBX 2,600 target price on shares of Oxford Instruments in a research note on Thursday, January 15th. Finally, Jefferies Financial Group reiterated a “hold” rating and issued a GBX 2,590 target price on shares of Oxford Instruments in a research note on Wednesday, April 15th.

Oxford Instruments Stock Performance

LON:OXIG opened at GBX 3,100 on Friday. The stock’s 50 day moving average price is GBX 2,668.63 and its 200 day moving average price is GBX 2,372.06. The company has a market capitalization of £1.71 billion, a PE ratio of 130.80, a P/E/G ratio of -3.56 and a beta of 1.05. The company has a quick ratio of 1.11, a current ratio of 1.77 and a debt-to-equity ratio of 16.08. Oxford Instruments has a 52-week low of GBX 1,682 and a 52-week high of GBX 3,100.

Oxford Instruments Company Profile