Oxford Instruments (LON:OXIG) Receives Hold Rating from Jefferies Financial Group

Oxford Instruments (LON:OXIG)‘s stock had its “hold” rating restated by investment analysts at Jefferies Financial Group in a research report issued to clients and investors on Wednesday,Digital Look reports. They presently have a GBX 2,590 target price on the stock. Jefferies Financial Group’s price objective suggests a potential downside of 10.44% from the stock’s previous close.

Several other analysts also recently commented on OXIG. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Oxford Instruments from GBX 2,675 to GBX 2,900 and gave the company a “buy” rating in a research report on Wednesday, April 15th. Berenberg Bank increased their price objective on shares of Oxford Instruments from GBX 2,700 to GBX 3,000 and gave the company a “hold” rating in a research report on Monday, May 18th. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of GBX 2,781.67.

Oxford Instruments Stock Up 3.4%

LON:OXIG opened at GBX 2,892 on Wednesday. The firm’s 50-day moving average price is GBX 2,871.88 and its 200-day moving average price is GBX 2,516.67. The company has a market capitalization of £1.60 billion, a PE ratio of 122.03, a P/E/G ratio of -3.56 and a beta of 1.05. The company has a debt-to-equity ratio of 16.08, a current ratio of 1.77 and a quick ratio of 1.11. Oxford Instruments has a 1-year low of GBX 1,682 and a 1-year high of GBX 3,318.

Oxford Instruments (LON:OXIG) last released its earnings results on Tuesday, June 9th. The company reported GBX 100.70 earnings per share for the quarter. The firm had revenue of £423.20 million for the quarter. Oxford Instruments had a net margin of 3.02% and a return on equity of 3.82%. On average, equities analysts predict that Oxford Instruments will post 117.7149452 EPS for the current fiscal year.

About Oxford Instruments