Oxford Instruments (LON:OXIG) Receives Hold Rating from Jefferies Financial Group

Oxford Instruments (LON:OXIG)‘s stock had its “hold” rating reissued by Jefferies Financial Group in a note issued to investors on Wednesday,Digital Look reports. They presently have a GBX 2,590 price target on the stock. Jefferies Financial Group’s price objective suggests a potential downside of 10.44% from the company’s current price.

A number of other brokerages also recently issued reports on OXIG. Berenberg Bank boosted their price objective on shares of Oxford Instruments from GBX 2,700 to GBX 3,000 and gave the company a “hold” rating in a research report on Monday, May 18th. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Oxford Instruments from GBX 2,675 to GBX 2,900 and gave the company a “buy” rating in a research report on Wednesday, April 15th. Four equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of GBX 2,781.67.

Oxford Instruments Trading Up 3.4%

LON:OXIG opened at GBX 2,892 on Wednesday. The company has a fifty day moving average of GBX 2,871.88 and a 200 day moving average of GBX 2,516.67. Oxford Instruments has a 52 week low of GBX 1,682 and a 52 week high of GBX 3,318. The company has a quick ratio of 1.11, a current ratio of 1.77 and a debt-to-equity ratio of 16.08. The firm has a market capitalization of £1.60 billion, a P/E ratio of 122.03, a P/E/G ratio of -3.56 and a beta of 1.05.

Oxford Instruments (LON:OXIG) last posted its quarterly earnings results on Tuesday, June 9th. The company reported GBX 100.70 EPS for the quarter. Oxford Instruments had a net margin of 3.02% and a return on equity of 3.82%. The company had revenue of £423.20 million during the quarter. On average, research analysts predict that Oxford Instruments will post 117.7149452 earnings per share for the current year.

Oxford Instruments Company Profile