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

Oxford Instruments plc (LON:OXIG) has been given a consensus recommendation of “Moderate Buy” by the six research firms that are presently covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12-month target price among brokers that have covered the stock in the last year is GBX 2,781.67.

OXIG has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Oxford Instruments from GBX 2,675 to GBX 2,900 and gave the stock a “buy” rating in a report on Wednesday, April 15th. Berenberg Bank boosted 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 report on Monday, May 18th. 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, June 10th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Oxford Instruments from GBX 3,000 to GBX 3,200 and gave the stock an “overweight” rating in a report on Wednesday, June 10th.

Oxford Instruments Stock Performance

Shares of OXIG stock opened at GBX 2,895.79 on Monday. The company’s fifty day simple moving average is GBX 2,968.35 and its 200-day simple moving average is GBX 2,601.96. The company has a quick ratio of 1.11, a current ratio of 1.83 and a debt-to-equity ratio of 13.08. The firm has a market cap of £1.60 billion, a PE ratio of 122.19, a P/E/G ratio of -3.56 and a beta of 1.09. Oxford Instruments has a 12 month low of GBX 1,682 and a 12 month high of GBX 3,318.

Oxford Instruments (LON:OXIG) last announced its quarterly earnings data on Tuesday, June 9th. The company reported GBX 100.70 EPS for the quarter. The business had revenue of £423.20 million for the quarter. Oxford Instruments had a net margin of 11.39% and a return on equity of 13.94%. Equities research analysts expect that Oxford Instruments will post 117.7149452 EPS for the current fiscal year.

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