Oxford Instruments (LON:OXIG) Stock Price Expected to Rise, Deutsche Bank Aktiengesellschaft Analyst Says

Oxford Instruments (LON:OXIG) had its price target boosted by investment analysts at Deutsche Bank Aktiengesellschaft from GBX 2,435 to GBX 2,675 in a research report issued to clients and investors on Thursday, MarketBeat.com reports. The brokerage presently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective would suggest a potential upside of 11.54% from the company’s current price.

Several other analysts have also recently weighed in on the stock. Berenberg Bank lifted their price target on shares of Oxford Instruments from GBX 2,400 to GBX 2,700 and gave the company a “buy” rating in a report on Thursday. 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. Peel Hunt reissued a “buy” rating and set a GBX 2,400 price objective on shares of Oxford Instruments in a research report on Monday, October 13th. Finally, Shore Capital reaffirmed a “buy” rating and issued a GBX 2,600 target price on shares of Oxford Instruments in a report on Thursday. Five analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Oxford Instruments currently has a consensus rating of “Buy” and a consensus price target of GBX 2,595.

Oxford Instruments Trading Up 3.1%

Shares of Oxford Instruments stock traded up GBX 73.24 on Thursday, hitting GBX 2,398.24. The stock had a trading volume of 417,146 shares, compared to its average volume of 274,344. The company has a quick ratio of 1.11, a current ratio of 1.64 and a debt-to-equity ratio of 12.96. Oxford Instruments has a one year low of GBX 1,470 and a one year high of GBX 2,410. The stock’s 50-day simple moving average is GBX 2,052.31 and its two-hundred day simple moving average is GBX 1,941.31. The stock has a market cap of £1.35 billion, a price-to-earnings ratio of 101.19, a PEG ratio of -3.56 and a beta of 0.96.

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

Oxford Instruments Company Profile