Oxford Instruments plc’s (OXIG) Overweight Rating Reiterated at Barclays PLC
Oxford Instruments plc (LON:OXIG)‘s stock had its “overweight” rating reiterated by analysts at Barclays PLC in a report released on Thursday. They presently have a GBX 1,145 ($14.86) price target on the stock. Barclays PLC’s price target indicates a potential upside of 8.22% from the company’s current price.
Several other brokerages have also commented on OXIG. J P Morgan Chase & Co increased their price objective on Oxford Instruments plc from GBX 930 ($12.07) to GBX 1,075 ($13.96) and gave the company an “overweight” rating in a report on Wednesday, May 10th. Numis Securities Ltd upgraded Oxford Instruments plc to a “buy” rating and set a GBX 1,220 ($15.84) price objective for the company in a report on Thursday, April 27th. N+1 Singer reiterated a “hold” rating and set a GBX 810 ($10.52) price objective on shares of Oxford Instruments plc in a report on Wednesday, April 26th. Shore Capital reiterated a “hold” rating on shares of Oxford Instruments plc in a report on Thursday, June 29th. Finally, Liberum Capital reiterated a “hold” rating and set a GBX 1,150 ($14.93) price objective on shares of Oxford Instruments plc in a report on Tuesday, June 13th. One analyst has rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the stock. Oxford Instruments plc presently has an average rating of “Hold” and a consensus price target of GBX 985.63 ($12.80).
Shares of Oxford Instruments plc (LON OXIG) traded up 2.62% on Thursday, reaching GBX 1058.00. The company’s stock had a trading volume of 10,307 shares. The firm’s market capitalization is GBX 606.53 million. Oxford Instruments plc has a one year low of GBX 610.00 and a one year high of GBX 1,139.00. The firm has a 50-day moving average price of GBX 1,037.65 and a 200 day moving average price of GBX 936.52.
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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