Oxford Instruments (LON:OXIG) Sets New 52-Week High – What’s Next?

Oxford Instruments plc (LON:OXIG)’s share price reached a new 52-week high on Tuesday . The company traded as high as GBX 3,216 and last traded at GBX 3,182, with a volume of 488253 shares. The stock had previously closed at GBX 3,154.

Analyst Ratings Changes

A number of analysts have weighed in on the company. Jefferies Financial Group restated a “hold” rating and set a GBX 2,590 target price on shares of Oxford Instruments in a report on Wednesday, April 15th. Berenberg Bank upped their target price on Oxford Instruments from GBX 2,700 to GBX 3,000 and gave the stock a “hold” rating in a report on Monday, May 18th. Finally, Deutsche Bank Aktiengesellschaft upped their price target on Oxford Instruments from GBX 2,675 to GBX 2,900 and gave the stock a “buy” rating in a research report on Wednesday, April 15th. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of GBX 2,681.67.

Oxford Instruments Stock Performance

The company has a current ratio of 1.77, a quick ratio of 1.11 and a debt-to-equity ratio of 16.08. The firm has a 50-day moving average of GBX 2,722.77 and a 200-day moving average of GBX 2,424.88. The stock has a market capitalization of £1.75 billion, a price-to-earnings ratio of 134.01, a P/E/G ratio of -3.56 and a beta of 1.05.

Oxford Instruments Company Profile