Oxford Instruments plc (OXIG) Rating Reiterated by J P Morgan Chase & Co
Oxford Instruments plc (LON:OXIG)‘s stock had its “overweight” rating restated by stock analysts at J P Morgan Chase & Co in a report released on Wednesday. They presently have a GBX 1,180 ($15.52) price objective on the stock. J P Morgan Chase & Co’s price objective would indicate a potential upside of 23.88% from the stock’s previous close.
Several other research analysts also recently commented on the company. Peel Hunt reissued a “hold” rating and issued a GBX 1,020 ($13.42) target price on shares of Oxford Instruments plc in a report on Tuesday. Liberum Capital reissued a “hold” rating and issued a GBX 1,150 ($15.13) target price on shares of Oxford Instruments plc in a report on Tuesday. Shore Capital reissued a “hold” rating on shares of Oxford Instruments plc in a report on Monday. Jefferies Group LLC boosted their target price on Oxford Instruments plc from GBX 575 ($7.56) to GBX 850 ($11.18) and gave the stock an “underperform” rating in a report on Tuesday, September 26th. Finally, Berenberg Bank reissued a “hold” rating on shares of Oxford Instruments plc in a report on Wednesday, September 6th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and four have assigned a buy rating to the company. Oxford Instruments plc has a consensus rating of “Hold” and an average price target of GBX 1,028.75 ($13.53).
Oxford Instruments plc (OXIG) opened at GBX 952.50 ($12.53) on Wednesday. Oxford Instruments plc has a 1-year low of GBX 610 ($8.02) and a 1-year high of GBX 1,174 ($15.44).
About Oxford Instruments plc
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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