Oxford Instruments (LON:OXIG) Sets New 12-Month High – Here’s What Happened

Oxford Instruments plc (LON:OXIGGet Free Report) shares hit a new 52-week high on Tuesday . The stock traded as high as GBX 3,216 and last traded at GBX 3,182, with a volume of 488253 shares trading hands. The stock had previously closed at GBX 3,154.

Analyst Upgrades and Downgrades

OXIG has been the topic of a number of recent research reports. Berenberg Bank raised their price target on shares of Oxford Instruments from GBX 2,700 to GBX 3,000 and gave the stock a “hold” rating in a research report on Monday, May 18th. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 2,590 price target on shares of Oxford Instruments in a research report on Wednesday, April 15th. Finally, Deutsche Bank Aktiengesellschaft raised their price target 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. Four investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of GBX 2,681.67.

Check Out Our Latest Stock Analysis on Oxford Instruments

Oxford Instruments Trading Up 0.4%

The firm has a market capitalization of £1.72 billion, a P/E ratio of 131.05, a price-to-earnings-growth ratio of -3.56 and a beta of 1.05. The business’s 50-day moving average is GBX 2,747.21 and its 200 day moving average is GBX 2,443.07. The company has a debt-to-equity ratio of 16.08, a current ratio of 1.77 and a quick ratio of 1.11.

Oxford Instruments Company Profile

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