Oxford Instruments plc (LON:OXIG) Given Average Rating of “Moderate Buy” by Brokerages

Oxford Instruments plc (LON:OXIG) has been assigned a consensus rating of “Moderate Buy” from the six ratings firms that are presently covering the stock, MarketBeat reports. Two analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is GBX 2,681.67.

A number of equities analysts have recently commented on the stock. Berenberg Bank raised their price objective on shares of Oxford Instruments from GBX 2,700 to GBX 3,000 and gave the stock a “hold” rating in a report on Monday, May 18th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Oxford Instruments from GBX 2,675 to GBX 2,900 and gave the stock a “buy” rating in a report on Wednesday, April 15th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 2,590 price objective on shares of Oxford Instruments in a report on Wednesday, April 15th.

Oxford Instruments Price Performance

LON:OXIG opened at GBX 3,086 on Thursday. The company has a 50-day moving average of GBX 2,863.56 and a 200-day moving average of GBX 2,510.84. The company has a market capitalization of £1.70 billion, a price-to-earnings ratio of 130.21, a PEG ratio of -3.56 and a beta of 1.05. Oxford Instruments has a 52 week low of GBX 1,682 and a 52 week high of GBX 3,330.61. The company has a debt-to-equity ratio of 16.08, a quick ratio of 1.11 and a current ratio of 1.77.

Oxford Instruments Company Profile