Oxford Instruments (LON:OXIG – Free Report) had its target price lowered by Berenberg Bank from GBX 3,000 to GBX 2,840 in a report issued on Wednesday morning,Digital Look reports. The firm currently has a hold rating on the stock.
A number of other research firms have also recently commented on OXIG. Jefferies Financial Group upped their price target on shares of Oxford Instruments from GBX 2,590 to GBX 3,000 and gave the stock a “hold” rating in a report on Thursday, September 10th. JPMorgan Chase & Co. raised their price target on shares of Oxford Instruments from GBX 3,200 to GBX 3,400 and gave the stock an “overweight” rating in a research note on Thursday, September 10th. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Oxford Instruments presently has a consensus rating of “Moderate Buy” and an average target price of GBX 2,948.
Read Our Latest Report on OXIG
Oxford Instruments Price Performance
Shares of OXIG stock opened at GBX 2,754 on Wednesday. Oxford Instruments has a 52-week low of GBX 1,776 and a 52-week high of GBX 3,318. The company has a debt-to-equity ratio of 13.08, a quick ratio of 1.11 and a current ratio of 1.83. The firm has a market capitalization of £1.51 billion, a P/E ratio of 32.90, a P/E/G ratio of -3.56 and a beta of 1.09. The stock has a 50 day moving average price of GBX 2,856.80 and a 200 day moving average price of GBX 2,877.
Insider Buying and Selling at Oxford Instruments
In other Oxford Instruments news, insider Richard Tyson sold 11,124 shares of Oxford Instruments stock in a transaction on Friday, July 31st. The stock was sold at an average price of GBX 2,786, for a total transaction of £309,914.64. Also, insider Paul Fry bought 2,335 shares of the firm’s stock in a transaction on Friday, July 24th. The shares were purchased at an average cost of GBX 3,044 per share, with a total value of £71,077.40. Insiders have acquired a total of 5,620 shares of company stock worth $17,066,277 over the last 90 days. 1.56% of the stock is currently owned by company insiders.
Oxford Instruments Company Profile
Featured Stories
- Five stocks we like better than Oxford Instruments
- Bank of America Stock Sell-Off Looks Like a Buying Opportunity
- AST SpaceMobile Is Down 67%—Could SpaceX’s Mobile Push Deepen the Selloff?
- GlobalFoundries’ $21 Billion Deal Could Change the Economics of Chipmaking
- Fundamental and Technicals Signals Align for Costco: Is the Stock Finally Breaking Out?
Receive News & Ratings for Oxford Instruments Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oxford Instruments and related companies with MarketBeat.com's FREE daily email newsletter.
