Oxford Instruments’s “Buy” Rating Reaffirmed at Numis Securities Ltd (OXIG)
Oxford Instruments (LON:OXIG)‘s stock had its “buy” rating reaffirmed by equities research analysts at Numis Securities Ltd in a research note issued to investors on Wednesday, American Banking & Market News reports. They currently have a GBX 1,800 ($29.53) price objective on the stock. Numis Securities Ltd’s price objective would indicate a potential upside of 15.68% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Oxford Instruments in a research note on Tuesday. They now have a GBX 1,750 ($28.71) price target on the stock. Separately, analysts at Liberum Capital reiterated a “buy” rating on shares of Oxford Instruments in a research note on Monday. They now have a GBX 1,650 ($27.07) price target on the stock. Finally, 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 on Thursday, January 30th. They now have a “hold” rating on the stock. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and six have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of GBX 1,665.09 ($27.32).
Shares of Oxford Instruments (LON:OXIG) traded down 2.12% on Wednesday, hitting GBX 1523.00. 28,002 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 1825.00. The stock has a 50-day moving average of GBX 1713. and a 200-day moving average of GBX 1498.. The company’s market cap is £863.5 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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