Oxford Instruments’ (OXIG) “Buy” Rating Reiterated at Shore Capital

Shore Capital reiterated their buy rating on shares of Oxford Instruments (LON:OXIG) in a research note released on Thursday, MarketBeat reports. They currently have a GBX 2,600 price objective on the stock.

Several other research firms have also commented on OXIG. Peel Hunt reissued a “buy” rating and issued a GBX 2,400 target price on shares of Oxford Instruments in a report on Monday, October 13th. JPMorgan Chase & Co. upped their target price on Oxford Instruments from GBX 2,500 to GBX 2,600 and gave the stock an “overweight” rating in a research note on Thursday, December 4th. Berenberg Bank decreased their price target on Oxford Instruments from GBX 2,500 to GBX 2,400 and set a “buy” rating on the stock in a research note on Wednesday, October 15th. Finally, Deutsche Bank Aktiengesellschaft lowered their price target on Oxford Instruments from GBX 2,550 to GBX 2,435 and set a “buy” rating for the company in a report on Monday, October 13th. Five equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Oxford Instruments presently has a consensus rating of “Buy” and a consensus target price of GBX 2,595.

Oxford Instruments Price Performance

Shares of LON OXIG opened at GBX 2,410 on Thursday. The business has a fifty day moving average price of GBX 2,064.79 and a two-hundred day moving average price of GBX 1,945.28. The stock has a market capitalization of £1.35 billion, a PE ratio of 101.69, a P/E/G ratio of -3.56 and a beta of 0.96. The company has a debt-to-equity ratio of 12.96, a current ratio of 1.64 and a quick ratio of 1.11. Oxford Instruments has a fifty-two week low of GBX 1,470 and a fifty-two week high of GBX 2,415.

Oxford Instruments (LON:OXIG) last released its earnings results on Tuesday, November 11th. The company reported GBX 33 earnings per share (EPS) for the quarter. Oxford Instruments had a return on equity of 14.14% and a net margin of 10.78%. As a group, equities analysts predict that Oxford Instruments will post 117.7149452 earnings per share for the current fiscal year.

Oxford Instruments Company Profile