Oxford Instruments plc (OXIG) Receives GBX 1,025 Consensus Price Target from Analysts
Oxford Instruments plc (LON:OXIG) has earned an average rating of “Buy” from the seven ratings firms that are presently covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is GBX 1,025 ($13.39).
Several equities analysts recently issued reports on the company. JPMorgan Chase & Co. cut their target price on Oxford Instruments from GBX 1,180 ($15.42) to GBX 1,025 ($13.39) and set an “overweight” rating on the stock in a research report on Tuesday, December 4th. Peel Hunt reaffirmed a “buy” rating on shares of Oxford Instruments in a research report on Tuesday, November 13th.
LON OXIG opened at GBX 892 ($11.66) on Friday. Oxford Instruments has a 1 year low of GBX 680 ($8.89) and a 1 year high of GBX 1,174 ($15.34).
About Oxford Instruments
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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