Peel Hunt reissued their buy rating on shares of Oxford Instruments (LON:OXIG) in a report released on Monday, ThisIsMoney.Co.Uk reports. Peel Hunt currently has a GBX 1,450 ($18.95) price target on the stock, up from their prior price target of GBX 1,300 ($16.99).
A number of other equities research analysts have also recently issued reports on the stock. Berenberg Bank cut their price objective on shares of Oxford Instruments from GBX 1,400 ($18.29) to GBX 1,040 ($13.59) and set a buy rating for the company in a research note on Wednesday, June 19th. JPMorgan Chase & Co. lifted their target price on shares of Oxford Instruments from GBX 1,025 ($13.39) to GBX 1,180 ($15.42) and gave the stock an overweight rating in a research report on Tuesday, June 11th. Finally, Numis Securities reiterated a buy rating and issued a GBX 1,460 ($19.08) target price on shares of Oxford Instruments in a research report on Thursday, June 13th. Five analysts have rated the stock with a buy rating, The company has a consensus rating of Buy and an average target price of GBX 1,282.50 ($16.76).
OXIG stock opened at GBX 1,249.40 ($16.33) on Monday. The company has a market capitalization of $734.45 million and a PE ratio of 24.03. The company has a debt-to-equity ratio of 18.55, a quick ratio of 0.84 and a current ratio of 1.33. Oxford Instruments has a one year low of GBX 813 ($10.62) and a one year high of GBX 1,468 ($19.18). The company’s 50 day moving average price is GBX 1,313.92 and its two-hundred day moving average price is GBX 1,168.95.
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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