Oxford Instruments (OXIG) Price Target Lowered to GBX 1,100 at Peel Hunt
Oxford Instruments (LON:OXIG) had its price target reduced by research analysts at Peel Hunt from GBX 1,200 ($15.68) to GBX 1,100 ($14.37) in a report issued on Monday. The brokerage currently has a “buy” rating on the stock. Peel Hunt’s target price points to a potential upside of 16.65% from the stock’s current price.
Separately, JPMorgan Chase & Co. dropped their price target on Oxford Instruments from GBX 1,180 ($15.42) to GBX 1,025 ($13.39) and set an “overweight” rating on the stock in a research report on Tuesday, December 4th. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Oxford Instruments has an average rating of “Buy” and an average price target of GBX 973 ($12.71).
Shares of LON OXIG opened at GBX 943 ($12.32) on Monday. Oxford Instruments has a 12 month low of GBX 680 ($8.89) and a 12 month high of GBX 1,174 ($15.34).
Oxford Instruments plc, through its subsidiaries, researches, develops, manufactures, rents, sells, and services tools and systems in the United States, rest of Europe, rest of Asia, the United Kingdom, Japan, China, Germany, and internationally. The company's Nanotechnology Tools segment provides high performance scientific imaging cameras, spectroscopy solutions, and microscopy systems for research and OEM markets; atomic force probe microscopy for materials and bioscience applications; 3D and 4D image visualization and analysis software; and nanoanalysis solutions for materials characterization and nanofabrication on scanning electron microscopes, focussed ion beams, and transmission electron microscopes.
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