Oxford Instruments (LON:OXIG) had its target price raised by research analysts at Berenberg Bank from GBX 700 ($9.37) to GBX 1,050 ($14.06) in a report issued on Thursday. The firm currently has a “hold” rating on the stock. Berenberg Bank’s price target would suggest a potential upside of 12.30% from the stock’s previous close.

A number of other equities research analysts have also recently weighed in on the stock. Shore Capital reissued a “hold” rating on shares of Oxford Instruments in a research report on Tuesday, September 12th. Liberum Capital reissued a “hold” rating and issued a GBX 1,150 ($15.40) price target on shares of Oxford Instruments in a research report on Tuesday, November 14th. Peel Hunt reissued a “hold” rating and issued a GBX 1,020 ($13.66) price target on shares of Oxford Instruments in a research report on Tuesday, October 31st. Barclays reissued an “overweight” rating and issued a GBX 1,145 ($15.33) price target on shares of Oxford Instruments in a research report on Thursday, August 17th. Finally, J P Morgan Chase & Co reissued an “overweight” rating and issued a GBX 1,180 ($15.80) price target on shares of Oxford Instruments in a research report on Wednesday, November 15th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of GBX 1,072.50 ($14.36).

Oxford Instruments (LON OXIG) opened at GBX 935 ($12.52) on Thursday. Oxford Instruments has a 12 month low of GBX 610 ($8.17) and a 12 month high of GBX 1,174 ($15.72).

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About Oxford Instruments

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.

Analyst Recommendations for Oxford Instruments (LON:OXIG)

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