Oxford Instruments plc Receives Average Recommendation of “Buy” from Analysts (LON:OXIG)
Oxford Instruments plc (LON:OXIG) has been given an average recommendation of “Buy” by the ten analysts that are currently covering the stock, American Banking News reports. Five analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is GBX 1,641.11 ($27.64).
A number of research firms have recently commented on OXIG. Analysts at Jefferies Group reiterated a “hold” rating on shares of Oxford Instruments plc in a research note on Monday. They now have a GBX 1,625 ($27.37) price target on the stock. Separately, analysts at Berenberg Bank reiterated a “buy” rating on shares of Oxford Instruments plc in a research note on Tuesday, May 6th. They now have a GBX 1,720 ($28.97) price target on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Oxford Instruments plc in a research note on Friday, April 11th. They now have a GBX 1,750 ($29.48) price target on the stock.
Shares of Oxford Instruments plc (LON:OXIG) opened at 1175.00 on Friday. Oxford Instruments plc has a 52 week low of GBX 1204.00 and a 52 week high of GBX 1825.00. The stock’s 50-day moving average is GBX 1331. and its 200-day moving average is GBX 1484.. The company’s market cap is £666.2 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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