Oxford Instruments (LON:OXIG) Stock Price Expected to Rise, Berenberg Bank Analyst Says

Oxford Instruments (LON:OXIGGet Free Report) had its target price lifted by research analysts at Berenberg Bank from GBX 2,700 to GBX 3,000 in a report released on Monday,Digital Look reports. The firm currently has a “hold” rating on the stock. Berenberg Bank’s price target points to a potential upside of 3.59% from the stock’s current price.

A number of other research analysts have also weighed in on the company. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 2,590 target price on shares of Oxford Instruments in a report on Wednesday, April 15th. Deutsche Bank Aktiengesellschaft lifted their target price on Oxford Instruments from GBX 2,675 to GBX 2,900 and gave the company a “buy” rating in a report on Wednesday, April 15th. Four equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 2,681.67.

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Oxford Instruments Stock Down 2.0%

OXIG stock opened at GBX 2,896 on Monday. The company has a quick ratio of 1.11, a current ratio of 1.77 and a debt-to-equity ratio of 16.08. The firm has a market capitalization of £1.60 billion, a PE ratio of 122.19, a PEG ratio of -3.56 and a beta of 1.05. Oxford Instruments has a twelve month low of GBX 1,682 and a twelve month high of GBX 3,100. The stock has a 50-day simple moving average of GBX 2,674.57 and a two-hundred day simple moving average of GBX 2,379.19.

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