Analysts Set Oxford Instruments plc (LON:OXIG) Target Price at GBX 2,781.67

Oxford Instruments plc (LON:OXIG) has been given an average rating of “Moderate Buy” by the six research firms that are covering the firm, Marketbeat.com reports. Two equities 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 objective among brokerages that have issued a report on the stock in the last year is GBX 2,781.67.

A number of equities analysts have commented on the company. Jefferies Financial Group reissued a “hold” rating and issued a GBX 2,590 price objective on shares of Oxford Instruments in a research note on Wednesday, June 10th. Berenberg Bank lifted their price target on Oxford Instruments from GBX 2,700 to GBX 3,000 and gave the company a “hold” rating in a report on Monday, May 18th. JPMorgan Chase & Co. lifted their price target on Oxford Instruments from GBX 3,000 to GBX 3,200 and gave the company an “overweight” rating in a report on Wednesday, June 10th. Finally, Deutsche Bank Aktiengesellschaft upped their price target on shares of Oxford Instruments from GBX 2,675 to GBX 2,900 and gave the stock a “buy” rating in a research report on Wednesday, April 15th.

Oxford Instruments Stock Performance

LON:OXIG opened at GBX 3,020 on Monday. The stock has a market capitalization of £1.67 billion, a P/E ratio of 36.08, a price-to-earnings-growth ratio of -3.56 and a beta of 1.11. The company has a current ratio of 1.83, a quick ratio of 1.11 and a debt-to-equity ratio of 13.08. Oxford Instruments has a 1 year low of GBX 1,682 and a 1 year high of GBX 3,318. The firm has a 50 day moving average of GBX 2,988.61 and a 200-day moving average of GBX 2,637.15.

Oxford Instruments (LON:OXIG) last released its quarterly earnings results on Tuesday, June 9th. The company reported GBX 100.70 EPS for the quarter. Oxford Instruments had a return on equity of 13.94% and a net margin of 11.39%.The business had revenue of £423.20 million for the quarter. As a group, sell-side analysts anticipate that Oxford Instruments will post 117.7149452 EPS for the current fiscal year.

Oxford Instruments Company Profile