Oxford Instruments (LON:OXIG) Price Target Raised to GBX 2,675

Oxford Instruments (LON:OXIG) had its target price increased by analysts at Deutsche Bank Aktiengesellschaft from GBX 2,435 to GBX 2,675 in a report released on Thursday, MarketBeat.com reports. The firm presently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective would indicate a potential upside of 11.54% from the stock’s previous close.

A number of other research firms have also recently commented on OXIG. Shore Capital reissued a “buy” rating and issued a GBX 2,600 target price on shares of Oxford Instruments in a research note on Thursday. Peel Hunt reiterated a “buy” rating and issued a GBX 2,400 price objective on shares of Oxford Instruments in a report on Monday, October 13th. Berenberg Bank raised their price objective on Oxford Instruments from GBX 2,400 to GBX 2,700 and gave the company a “buy” rating in a report on Thursday. Finally, JPMorgan Chase & Co. boosted their target price on Oxford Instruments from GBX 2,500 to GBX 2,600 and gave the stock an “overweight” rating in a research report on Thursday, December 4th. Five research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of GBX 2,595.

Oxford Instruments Price Performance

Shares of OXIG stock traded up GBX 73.24 during trading on Thursday, hitting GBX 2,398.24. The company had a trading volume of 417,146 shares, compared to its average volume of 274,344. The stock’s 50-day moving average is GBX 2,052.31 and its two-hundred day moving average is GBX 1,941.31. The stock has a market capitalization of £1.35 billion, a price-to-earnings ratio of 101.19, a price-to-earnings-growth ratio of -3.56 and a beta of 0.96. The company has a quick ratio of 1.11, a current ratio of 1.64 and a debt-to-equity ratio of 12.96. Oxford Instruments has a 52 week low of GBX 1,470 and a 52 week high of GBX 2,410.

Oxford Instruments (LON:OXIG) last released its quarterly earnings results on Tuesday, November 11th. The company reported GBX 33 EPS for the quarter. Oxford Instruments had a net margin of 10.78% and a return on equity of 14.14%. As a group, analysts predict that Oxford Instruments will post 117.7149452 EPS for the current fiscal year.

Oxford Instruments Company Profile