Analysts Set Oxford Instruments plc (OXIG) PT at $1,090.00

Oxford Instruments plc (LON:OXIG) has been given an average recommendation of “Buy” by the eight ratings firms that are presently covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 12-month target price among brokerages that have covered the stock in the last year is GBX 1,090 ($14.24).

OXIG has been the subject of a number of recent analyst reports. Peel Hunt reiterated a “buy” rating on shares of Oxford Instruments in a research report on Tuesday, November 13th. Liberum Capital reiterated a “buy” rating on shares of Oxford Instruments in a research report on Friday, August 3rd. Jefferies Financial Group reiterated a “hold” rating on shares of Oxford Instruments in a research report on Wednesday, September 5th. Finally, JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Oxford Instruments in a research report on Wednesday, November 14th.

OXIG stock traded up GBX 7 ($0.09) during midday trading on Thursday, reaching GBX 849 ($11.09). 56,219 shares of the company’s stock traded hands, compared to its average volume of 49,802. Oxford Instruments has a 52-week low of GBX 680 ($8.89) and a 52-week high of GBX 1,174 ($15.34).

The company also recently declared a dividend, which will be paid on Monday, April 8th. Shareholders of record on Thursday, February 28th will be given a GBX 3.80 ($0.05) dividend. The ex-dividend date is Thursday, February 28th. This represents a dividend yield of 0.4%.

About Oxford Instruments

Oxford Instruments plc, through its subsidiaries, researches, develops, manufactures, rents, sells, and services tools and systems in the United States, rest of Europe, rest of Asia, the United Kingdom, Japan, China, Germany, and internationally. The company's Nanotechnology Tools segment provides high performance scientific imaging cameras, spectroscopy solutions, and microscopy systems for research and OEM markets; atomic force probe microscopy for materials and bioscience applications; 3D and 4D image visualization and analysis software; and nanoanalysis solutions for materials characterization and nanofabrication on scanning electron microscopes, focussed ion beams, and transmission electron microscopes.

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Analyst Recommendations for Oxford Instruments (LON:OXIG)

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