Oxford Instruments Receives Consensus Rating of “Hold” from Brokerages (LON:OXIG)
Oxford Instruments (LON:OXIG) has been given an average recommendation of “Hold” by the twelve ratings firms that are currently covering the company, Analyst RN reports. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and five have issued a buy rating on the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is GBX 1,645.09 ($26.99).
Several analysts have recently commented on the stock. Analysts at Liberum Capital reiterated a “buy” rating on shares of Oxford Instruments in a research note to investors on Monday. They now have a GBX 1,650 ($27.07) price target on the stock. Separately, analysts at Jefferies Group raised their price target on shares of Oxford Instruments from GBX 1,420 ($23.30) to GBX 1,670 ($27.40) in a research note to investors on Thursday, January 30th. They now have a “hold” rating on the stock.
Shares of Oxford Instruments (LON:OXIG) traded up 0.38% on Monday, hitting GBX 1578.00. 30,108 shares of the company’s stock traded hands. Oxford Instruments has a 52-week low of GBX 1204.00 and a 52-week high of GBX 1825.00. The stock has a 50-day moving average of GBX 1721. and a 200-day moving average of GBX 1494.. The company’s market cap is £894.7 million.
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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