Oxford Instruments plc (LON:OXIG) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Oxford Instruments plc (LON:OXIG) have earned a consensus rating of “Moderate Buy” from the six analysts that are presently covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is GBX 2,681.67.

OXIG has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft increased their price target on shares of Oxford Instruments from GBX 2,675 to GBX 2,900 and gave the stock a “buy” rating in a research note on Wednesday, April 15th. Berenberg Bank raised their target price on shares of Oxford Instruments from GBX 2,700 to GBX 3,000 and gave the stock a “hold” rating in a research note on Monday, May 18th. Finally, Jefferies Financial Group reissued a “hold” rating and issued a GBX 2,590 price target on shares of Oxford Instruments in a report on Wednesday, April 15th.

Oxford Instruments Stock Up 2.2%

Shares of LON OXIG opened at GBX 3,302 on Thursday. The stock has a market cap of £1.82 billion, a PE ratio of 139.32, a price-to-earnings-growth ratio of -3.56 and a beta of 1.05. The company has a quick ratio of 1.11, a current ratio of 1.77 and a debt-to-equity ratio of 16.08. Oxford Instruments has a 52-week low of GBX 1,682 and a 52-week high of GBX 3,318. The business has a 50-day moving average price of GBX 2,825.63 and a 200 day moving average price of GBX 2,487.78.

Oxford Instruments Company Profile