Oxford Instruments plc (OXIG) Receives Average Rating of “Hold” from Brokerages
Shares of Oxford Instruments plc (LON:OXIG) have received a consensus recommendation of “Hold” from the eleven analysts that are presently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, six have given a hold recommendation and four have issued a buy recommendation on the company. The average 12-month price target among analysts that have covered the stock in the last year is GBX 985.63 ($12.77).
A number of brokerages recently weighed in on OXIG. J P Morgan Chase & Co lifted their target price on shares of Oxford Instruments plc from GBX 1,075 ($13.92) to GBX 1,180 ($15.28) and gave the stock an “overweight” rating in a research note on Wednesday, June 14th. Numis Securities Ltd raised shares of Oxford Instruments plc to a “buy” rating and set a GBX 1,375 ($17.81) target price for the company in a research note on Wednesday, June 14th. Liberum Capital lifted their target price on shares of Oxford Instruments plc from GBX 690 ($8.94) to GBX 1,150 ($14.90) and gave the stock a “hold” rating in a research note on Thursday, May 11th. Peel Hunt lifted their target price on shares of Oxford Instruments plc from GBX 800 ($10.36) to GBX 950 ($12.31) and gave the stock a “hold” rating in a research note on Friday, May 5th. Finally, Shore Capital reissued a “hold” rating on shares of Oxford Instruments plc in a research note on Thursday, June 29th.
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Shares of Oxford Instruments plc (OXIG) opened at 1022.00 on Monday. The firm’s 50 day moving average is GBX 1,050.40 and its 200 day moving average is GBX 864.73. Oxford Instruments plc has a 12 month low of GBX 610.00 and a 12 month high of GBX 1,139.00. The company’s market cap is GBX 583.55 million.
The business also recently announced a dividend, which will be paid on Thursday, October 19th. Shareholders of record on Thursday, September 21st will be paid a GBX 9.30 ($0.12) dividend. This represents a yield of 0.87%. This is a boost from Oxford Instruments plc’s previous dividend of $3.70. The ex-dividend date is Thursday, September 21st.
About Oxford Instruments plc
Oxford Instruments plc is a provider of technology tools and systems for industry and research. The Company operates through two segments: Nanotechnology Tools and Service. The Nanotechnology Tools segment offers technology products serving research customers in both the public and private sectors. The Service segment contains the Company’s service, rental and refurbished asset sales business.
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