Oxford Instruments plc (OXIG) Receives “Overweight” Rating from J P Morgan Chase & Co
J P Morgan Chase & Co reiterated their overweight rating on shares of Oxford Instruments plc (LON:OXIG) in a report published on Wednesday. J P Morgan Chase & Co currently has a GBX 1,180 ($15.24) price objective on the stock.
A number of other equities analysts have also commented on the company. Peel Hunt reaffirmed a hold rating and issued a GBX 1,020 ($13.17) price objective on shares of Oxford Instruments plc in a research note on Tuesday. Shore Capital reaffirmed a hold rating on shares of Oxford Instruments plc in a research note on Tuesday. Berenberg Bank reaffirmed a hold rating on shares of Oxford Instruments plc in a research note on Wednesday, September 6th. Barclays PLC reaffirmed an overweight rating and issued a GBX 1,145 ($14.79) price objective on shares of Oxford Instruments plc in a research note on Thursday, August 17th. Finally, Numis Securities Ltd raised Oxford Instruments plc to a buy rating and set a GBX 1,375 ($17.76) price objective on the stock in a research note on Wednesday, June 14th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the company. The company presently has a consensus rating of Hold and an average target price of GBX 994.38 ($12.84).
Shares of Oxford Instruments plc (LON:OXIG) traded up 1.26% during mid-day trading on Wednesday, hitting GBX 1122.00. 13,791 shares of the company were exchanged. Oxford Instruments plc has a 12-month low of GBX 610.00 and a 12-month high of GBX 1,174.00. The company’s market capitalization is GBX 641.02 million. The firm has a 50 day moving average of GBX 1,053.41 and a 200 day moving average of GBX 978.25.
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Oxford Instruments plc Company Profile
Oxford Instruments plc is a provider of technology tools and systems for industry and research. The Company operates through two segments: Nanotechnology Tools and Service. The Nanotechnology Tools segment offers technology products serving research customers in both the public and private sectors. The Service segment contains the Company’s service, rental and refurbished asset sales business.
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