Oxford Instruments plc (LON:OXIG) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Oxford Instruments plc (LON:OXIG) have been given an average recommendation of “Moderate Buy” by the six research firms that are covering the firm, MarketBeat 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 target price among brokerages that have updated their coverage on the stock in the last year is GBX 2,281 ($28.40).

Separately, Shore Capital reaffirmed a “buy” rating on shares of Oxford Instruments in a research note on Tuesday.

Oxford Instruments Stock Down 2.2 %

LON:OXIG traded down GBX 46.10 ($0.57) on Tuesday, hitting GBX 2,043.90 ($25.44). 23,209 shares of the company’s stock traded hands, compared to its average volume of 60,124. The company has a current ratio of 1.67, a quick ratio of 1.11 and a debt-to-equity ratio of 16.33. Oxford Instruments has a 1 year low of GBX 1,634 ($20.34) and a 1 year high of GBX 2,884.80 ($35.91). The firm has a 50-day moving average price of GBX 2,124.33 and a 200-day moving average price of GBX 2,108.23. The company has a market cap of £1.18 billion, a PE ratio of 1,975.73, a price-to-earnings-growth ratio of -3.56 and a beta of 0.97.

Oxford Instruments Company Profile

Oxford Instruments plc designs and supplies technology products and services in Europe, North America, Asia, and internationally. It operates through three segments: Materials & Characterisation, Research & Discovery, and Service & Healthcare. The company offers atomic force, electron, and raman microscopy; deposition and etch tools; low temperature systems; optical imaging; nuclear magnetic resonance, modular optical spectroscopy; and x-ray.