Oxford Instruments (LON:OXIG) was upgraded by investment analysts at Liberum Capital to a “buy” rating in a research report issued on Friday. The brokerage currently has a GBX 1,100 ($14.92) price objective on the stock. Liberum Capital’s target price indicates a potential upside of 18.92% from the company’s previous close.
Several other research firms have also recently issued reports on OXIG. Peel Hunt reissued a “hold” rating and issued a GBX 1,020 ($13.83) price target on shares of Oxford Instruments in a research note on Tuesday, October 31st. Jefferies Group upped their price objective on Oxford Instruments from GBX 575 ($7.80) to GBX 850 ($11.53) and gave the company an “underperform” rating in a report on Tuesday, September 26th. JPMorgan Chase & Co. restated an “overweight” rating and issued a GBX 1,180 ($16.00) price objective on shares of Oxford Instruments in a report on Wednesday, November 15th. Shore Capital restated a “hold” rating on shares of Oxford Instruments in a report on Monday, November 13th. Finally, Berenberg Bank upped their price objective on Oxford Instruments from GBX 700 ($9.49) to GBX 1,050 ($14.24) and gave the company a “hold” rating in a report on Thursday, November 30th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 1,046.88 ($14.20).
Oxford Instruments (LON OXIG) opened at GBX 925 ($12.54) on Friday. Oxford Instruments has a 52 week low of GBX 700 ($9.49) and a 52 week high of GBX 1,174 ($15.92). The stock has a market capitalization of $519.81 and a price-to-earnings ratio of -3,557.69.
Oxford Instruments Company Profile
Oxford Instruments plc is a provider of technology tools and systems for industry and research. The Company operates through two segments: Nanotechnology Tools and Service. The Nanotechnology Tools segment offers technology products serving research customers in both the public and private sectors. The Service segment contains the Company’s service, rental and refurbished asset sales business.
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