Oxford Instruments’s Buy Rating Reaffirmed at Liberum Capital (OXIG)
Oxford Instruments (LON:OXIG)‘s stock had its “buy” rating reiterated by equities researchers at Liberum Capital in a research report issued on Wednesday, American Banking and Market News reports. They currently have a GBX 1,735 ($27.99) target price on the stock. Liberum Capital’s price target would suggest a potential upside of 29.00% from the company’s current price.
Oxford Instruments (LON:OXIG) traded up 1.13% on Wednesday, hitting GBX 1345.00. 61,853 shares of the company’s stock traded hands. Oxford Instruments has a 1-year low of GBX 1204.00 and a 1-year high of GBX 1777.6489. The stock’s 50-day moving average is GBX 1446. and its 200-day moving average is GBX 1494.. The company’s market cap is £763.1 million.
A number of other analysts have also recently weighed in on OXIG. Analysts at Investec raised their price target on shares of Oxford Instruments (LON:OXIG) from GBX 1,500 ($24.20) to GBX 1,515 ($24.44) in a research note to investors on Wednesday, September 18th. They now have a “hold” rating on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Oxford Instruments (LON:OXIG) in a research note to investors on Wednesday, September 11th. They now have a GBX 1,750 ($28.23) price target on the stock. Finally, analysts at Jefferies Group reiterated a “hold” rating on shares of Oxford Instruments (LON:OXIG) in a research note to investors on Tuesday, September 10th. They now have a GBX 1,420 ($22.91) price target on the stock. One analyst has rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the company’s stock. Oxford Instruments currently has a consensus rating of “Hold” and an average price target of GBX 1,586.59 ($25.60).
Oxford Instruments plc is a holding company. The Company is engaged in the research, development, manufacture and sale of high technology tools and systems.
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