Oxford Immunotec Global PLC (OXFD) Receives Average Recommendation of “Hold” from Analysts
Oxford Immunotec Global PLC (NASDAQ:OXFD) has been assigned an average rating of “Hold” from the six brokerages that are covering the stock, MarketBeat reports. Two research analysts have rated the stock with a sell rating and four have issued a buy rating on the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $19.75.
Several equities analysts have commented on the stock. Zacks Investment Research downgraded shares of Oxford Immunotec Global from a “hold” rating to a “sell” rating in a research report on Saturday, November 4th. BTIG Research set a $21.00 target price on shares of Oxford Immunotec Global and gave the stock a “buy” rating in a research report on Tuesday, October 31st. Robert W. Baird reissued a “buy” rating and set a $20.00 target price on shares of Oxford Immunotec Global in a research report on Wednesday, November 1st. ValuEngine downgraded shares of Oxford Immunotec Global from a “hold” rating to a “sell” rating in a research report on Tuesday, October 31st. Finally, Piper Jaffray Companies decreased their price target on shares of Oxford Immunotec Global from $26.00 to $19.00 and set an “overweight” rating for the company in a report on Tuesday, October 31st.
In other Oxford Immunotec Global news, Director Richard A. Sandberg sold 3,000 shares of the company’s stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of $13.35, for a total transaction of $40,050.00. Following the completion of the sale, the director now directly owns 17,778 shares in the company, valued at $237,336.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Peter Wrighton-Smith sold 55,000 shares of the company’s stock in a transaction dated Monday, October 2nd. The shares were sold at an average price of $16.78, for a total transaction of $922,900.00. The disclosure for this sale can be found here. 8.11% of the stock is owned by corporate insiders.
Oxford Immunotec Global (NASDAQ OXFD) opened at $14.59 on Wednesday. The company has a quick ratio of 4.30, a current ratio of 4.72 and a debt-to-equity ratio of 0.38. Oxford Immunotec Global has a 1 year low of $12.19 and a 1 year high of $19.51.
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About Oxford Immunotec Global
Oxford Immunotec Global PLC is a diagnostics company. The Company is focused on developing and commercializing tests for under-served immune-regulated conditions. The Company’s product lines and development activities principally focus on four areas: infectious diseases, transplantation, autoimmune and inflammatory disease and immune-oncology.
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