Deutsche Bank Aktiengesellschaft Cuts Oxford Instruments (LON:OXIG) Price Target to GBX 2,435

Oxford Instruments (LON:OXIG) had its price objective cut by equities research analysts at Deutsche Bank Aktiengesellschaft from GBX 2,550 to GBX 2,435 in a report issued on Monday,London Stock Exchange reports. The firm currently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target points to a potential upside of 35.43% from the stock’s current price.

Several other research firms also recently weighed in on OXIG. Peel Hunt restated a “buy” rating and issued a GBX 2,400 price objective on shares of Oxford Instruments in a report on Monday. JPMorgan Chase & Co. dropped their price target on Oxford Instruments from GBX 2,700 to GBX 2,500 and set an “overweight” rating on the stock in a research note on Tuesday. Berenberg Bank dropped their price target on Oxford Instruments from GBX 2,600 to GBX 2,500 and set a “buy” rating on the stock in a research note on Monday, July 14th. Finally, Shore Capital reiterated a “buy” rating and issued a GBX 2,600 target price on shares of Oxford Instruments in a research report on Monday. Five research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of GBX 2,487.

Oxford Instruments Stock Down 1.7%

LON:OXIG opened at GBX 1,798 on Monday. Oxford Instruments has a twelve month low of GBX 1,470 and a twelve month high of GBX 2,224.13. The company has a market cap of £1.02 billion, a price-to-earnings ratio of 4,058.69, a price-to-earnings-growth ratio of -3.56 and a beta of 0.96. The stock has a fifty day simple moving average of GBX 1,858.46 and a 200-day simple moving average of GBX 1,823.28. The company has a current ratio of 1.64, a quick ratio of 1.11 and a debt-to-equity ratio of 12.96.

Insider Buying and Selling

In related news, insider Paul Fry purchased 98 shares of the firm’s stock in a transaction on Wednesday, September 10th. The stock was bought at an average cost of GBX 1,824 per share, with a total value of £1,787.52. Also, insider Richard Tyson purchased 7,479 shares of the firm’s stock in a transaction on Thursday, July 24th. The stock was bought at an average cost of GBX 1,942 per share, with a total value of £145,242.18. Insiders acquired 7,652 shares of company stock valued at $14,839,734 over the last three months. 1.43% of the stock is currently owned by corporate insiders.

Oxford Instruments Company Profile

Oxford Instruments provides academic and commercial organisations worldwide with market-leading scientific technology and expertise across its key market segments: materials analysis, semiconductor, and healthcare & life science.
Innovation is the driving force behind Oxford Instruments’ growth and success, supporting its core purpose to accelerate the breakthroughs that create a brighter future for our world.