Oxford Instruments’s “Hold” Rating Reaffirmed at N+1 Singer (OXIG)
Oxford Instruments (LON:OXIG)‘s stock had its “hold” rating restated by analysts at N+1 Singer in a research report issued to clients and investors on Tuesday, AnalystRatingsNetwork reports. They currently have a GBX 1,390 ($21.73) target price on the stock. N+1 Singer’s price target would indicate a potential downside of 7.95% from the stock’s previous close.
Oxford Instruments (LON:OXIG) opened at 1430.00 on Tuesday. Oxford Instruments has a one year low of GBX 1204.00 and a one year high of GBX 1777.65. The stock’s 50-day moving average is GBX 1452.81 and its 200-day moving average is GBX 1514.68. The company’s market cap is £811.3 million.
Other equities research analysts have also recently issued reports about the stock. Analysts at Numis Securities Ltd reiterated an “add” rating on shares of Oxford Instruments (LON:OXIG) in a research note to investors on Tuesday. They now have a GBX 1,600 ($25.02) price target on the stock. Separately, analysts at Nplus1 Brewin reiterated a “hold” rating on shares of Oxford Instruments (LON:OXIG) in a research note to investors on Tuesday. They now have a GBX 1,390 ($21.73) price target on the stock. Finally, analysts at Investec raised their price target on shares of Oxford Instruments (LON:OXIG) from GBX 1,320 ($20.64) to GBX 1,500 ($23.45) in a research note to investors on Tuesday. They now have a “hold” rating on the stock.
One analyst has rated the stock with a sell rating, five have assigned a hold rating and six have given a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of GBX 1,588.17 ($24.83).
Oxford Instruments plc is a holding company. The Company is engaged in the research, development, manufacture and sale of high technology tools and systems.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.