Oxford Instruments’ (OXIG) Buy Rating Reiterated at Shore Capital

Oxford Instruments (LON:OXIG)‘s stock had its “buy” rating reaffirmed by stock analysts at Shore Capital in a research note issued to investors on Thursday,London Stock Exchange reports. They presently have a GBX 2,600 price target on the stock. Shore Capital’s price target would suggest a potential upside of 11.83% from the stock’s previous close.

Several other research analysts have also recently issued reports on OXIG. Deutsche Bank Aktiengesellschaft cut their price target on shares of Oxford Instruments from GBX 2,550 to GBX 2,435 and set a “buy” rating for the company in a report on Monday, October 13th. JPMorgan Chase & Co. increased their target price on Oxford Instruments from GBX 2,500 to GBX 2,600 and gave the stock an “overweight” rating in a research note on Thursday, December 4th. Berenberg Bank decreased their price objective on shares of Oxford Instruments from GBX 2,500 to GBX 2,400 and set a “buy” rating on the stock in a report on Wednesday, October 15th. Finally, Peel Hunt restated a “buy” rating and issued a GBX 2,400 price target on shares of Oxford Instruments in a research report on Monday, October 13th. Five equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of GBX 2,487.

Oxford Instruments Stock Performance

Shares of LON:OXIG traded up GBX 120 during trading on Thursday, reaching GBX 2,325. The company had a trading volume of 211,905 shares, compared to its average volume of 253,784. Oxford Instruments has a fifty-two week low of GBX 1,470 and a fifty-two week high of GBX 2,325. The company has a debt-to-equity ratio of 12.96, a current ratio of 1.64 and a quick ratio of 1.11. The stock’s fifty day moving average price is GBX 2,041.89 and its 200 day moving average price is GBX 1,938.63. The firm has a market capitalization of £1.31 billion, a price-to-earnings ratio of 98.10, a price-to-earnings-growth ratio of -3.56 and a beta of 0.96.

Oxford Instruments (LON:OXIG) last posted its quarterly earnings data on Tuesday, November 11th. The company reported GBX 33 earnings per share for the quarter. Oxford Instruments had a net margin of 10.78% and a return on equity of 14.14%. As a group, equities research analysts predict that Oxford Instruments will post 117.7149452 EPS for the current year.

About Oxford Instruments