Oxford Instruments plc (LON:OXIG) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Oxford Instruments plc (LON:OXIG) have been given a consensus rating of “Moderate Buy” by the six analysts that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is GBX 2,631.67.

Several research firms have recently issued reports on OXIG. Deutsche Bank Aktiengesellschaft increased their price objective on shares of 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. Jefferies Financial Group reissued a “hold” rating and issued a GBX 2,590 price objective on shares of Oxford Instruments in a research report on Wednesday, April 15th. Shore Capital Group reissued a “buy” rating and issued a GBX 2,600 price objective on shares of Oxford Instruments in a research report on Thursday, January 15th. Finally, Berenberg Bank increased their price objective on shares of Oxford Instruments from GBX 2,400 to GBX 2,700 and gave the stock a “buy” rating in a research report on Thursday, January 15th.

Oxford Instruments Stock Performance

Shares of OXIG stock opened at GBX 2,930 on Wednesday. Oxford Instruments has a one year low of GBX 1,584 and a one year high of GBX 3,038. The company has a debt-to-equity ratio of 16.08, a quick ratio of 1.11 and a current ratio of 1.77. The company has a 50 day moving average price of GBX 2,583.76 and a 200 day moving average price of GBX 2,265.58. The firm has a market capitalization of £1.62 billion, a price-to-earnings ratio of 123.63, a price-to-earnings-growth ratio of -3.56 and a beta of 1.02.

Oxford Instruments Company Profile