Oxford Instruments plc (OXIG) Price Target Raised to GBX 950 at Peel Hunt

Oxford Instruments plc (LON:OXIG) had its target price hoisted by Peel Hunt from GBX 800 ($10.33) to GBX 950 ($12.26) in a research note released on Friday, May 5th. The firm currently has a hold rating on the stock.

Other equities analysts have also issued research reports about the company. Numis Securities Ltd raised Oxford Instruments plc to a buy rating and set a GBX 1,220 ($15.75) price objective for the company in a research note on Thursday, April 27th. JPMorgan Chase & Co. restated an overweight rating and set a GBX 930 ($12.00) price objective on shares of Oxford Instruments plc in a report on Thursday, April 27th. N+1 Singer reaffirmed a hold rating and set a GBX 810 ($10.46) target price on shares of Oxford Instruments plc in a research report on Wednesday, April 26th. Barclays PLC reissued an overweight rating on shares of Oxford Instruments plc in a research report on Tuesday, April 25th. Finally, Shore Capital reiterated a hold rating on shares of Oxford Instruments plc in a research note on Thursday, April 13th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus target price of GBX 914.22 ($11.80).

Oxford Instruments plc (LON:OXIG) traded down 0.37% during trading on Friday, hitting GBX 1066.00. The company’s stock had a trading volume of 30,585 shares. The firm’s market cap is GBX 608.68 million. The firm has a 50 day moving average of GBX 938.50 and a 200 day moving average of GBX 780.06. Oxford Instruments plc has a 12 month low of GBX 610.00 and a 12 month high of GBX 1,109.00.

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About Oxford Instruments plc

Oxford Instruments plc is a provider of technology tools and systems for industry and research. The Company operates through three segments: Nanotechnology Tools, Industrial Products and Service. The Nanotechnology Tools segment offers technology products serving research customers in both the public and private sectors.

12 Month Chart for LON:OXIG

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