Oxford Instruments plc Given Average Rating of “Buy” by Brokerages (LON:OXIG)
Shares of Oxford Instruments plc (LON:OXIG) have earned a consensus recommendation of “Buy” from the ten analysts that are covering the company, StockRatingsNetwork.com reports. Four equities research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is GBX 1,615.56 ($27.18).
Shares of Oxford Instruments plc (LON:OXIG) opened at 1243.00 on Wednesday. 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 1269. and a 200-day moving average of GBX 1369.18. The company’s market cap is £709.3 million.
Several analysts have recently commented on the stock. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Oxford Instruments plc in a research note on Thursday, July 17th. They now have a GBX 1,650 ($27.76) price target on the stock. Separately, analysts at N+1 Singer reiterated a “hold” rating on shares of Oxford Instruments plc in a research note on Wednesday, July 16th. They now have a GBX 1,445 ($24.31) price target on the stock. Finally, analysts at Investec cut their price target on shares of Oxford Instruments plc from GBX 1,550 ($26.08) to GBX 1,500 ($25.24) in a research note on Wednesday, July 16th. They now have a “buy” rating on the stock.
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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