Oxford Instruments plc Rating Reiterated by JPMorgan Chase & Co. (OXIG)
Oxford Instruments plc (LON:OXIG)‘s stock had its “overweight” rating restated by analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Thursday. They currently have a GBX 1,650 ($28.25) price objective on the stock. JPMorgan Chase & Co.’s target price indicates a potential upside of 35.14% from the company’s current price.
Oxford Instruments plc (LON:OXIG) traded down 1.93% on Thursday, hitting GBX 1221.00. 51,656 shares of the company’s stock traded hands. Oxford Instruments plc has a 52 week low of GBX 1151.00 and a 52 week high of GBX 1825.00. The stock has a 50-day moving average of GBX 1320. and a 200-day moving average of GBX 1424.. The company’s market cap is £694.7 million.
The company also recently announced a dividend, which is scheduled for Thursday, October 23rd. Investors of record on Wednesday, September 24th will be paid a dividend of GBX 9.04 ($0.15) per share. This represents a dividend yield of 0.66%. The ex-dividend date is Wednesday, September 24th.
Other equities research analysts have also recently issued reports about the stock. Analysts at N+1 Singer reiterated a “hold” rating on shares of Oxford Instruments plc in a research note on Wednesday. They now have a GBX 1,445 ($24.74) price target on the stock. Separately, analysts at Investec cut their price target on shares of Oxford Instruments plc from GBX 1,550 ($26.54) to GBX 1,500 ($25.68) in a research note on Wednesday. They now have a “buy” rating on the stock. Finally, analysts at Investec reiterated an “add” rating on shares of Oxford Instruments plc in a research note on Tuesday, June 24th. Four research analysts have rated the stock with a hold rating and six have given a buy rating to the company. Oxford Instruments plc has an average rating of “Buy” and an average target price of GBX 1,615.56 ($27.66).
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.