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

Shares of Oxford Instruments plc (LON:OXIG) have received a consensus rating of “Moderate Buy” from the six analysts that are covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is GBX 2,883.33.

A number of analysts recently weighed in on OXIG shares. Berenberg Bank increased their price target 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. JPMorgan Chase & Co. boosted their price objective on shares of Oxford Instruments from GBX 3,200 to GBX 3,400 and gave the company an “overweight” rating in a report on Thursday. Finally, Jefferies Financial Group lifted 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 research report on Thursday.

Oxford Instruments Trading Up 1.5%

LON:OXIG opened at GBX 2,760.20 on Friday. Oxford Instruments has a 1-year low of GBX 1,682 and a 1-year high of GBX 3,318. The business’s 50-day moving average price is GBX 2,839.33 and its two-hundred day moving average price is GBX 2,814.99. The company has a current ratio of 1.83, a quick ratio of 1.11 and a debt-to-equity ratio of 13.08. The firm has a market capitalization of £1.52 billion, a price-to-earnings ratio of 32.98, a PEG ratio of -3.56 and a beta of 1.09.

Oxford Instruments (LON:OXIG) last posted its earnings results on Tuesday, June 9th. The company reported GBX 100.70 earnings per share (EPS) for the quarter. The company had revenue of £423.20 million during the quarter. Oxford Instruments had a return on equity of 13.94% and a net margin of 11.39%. On average, equities analysts expect that Oxford Instruments will post 117.7149452 earnings per share for the current year.

Insider Activity

In other Oxford Instruments news, insider Paul Fry bought 2,335 shares of Oxford Instruments stock in a transaction on Friday, July 24th. The shares were purchased at an average cost of GBX 3,044 per share, for a total transaction of £71,077.40. Also, insider Richard Tyson sold 11,124 shares of the business’s stock in a transaction dated Friday, July 31st. The shares were sold at an average price of GBX 2,786, for a total value of £309,914.64. Insiders own 1.55% of the company’s stock.

About Oxford Instruments