Oxford Instruments plc (LON:OXIG) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Oxford Instruments plc (LON:OXIG) have earned an average recommendation of “Moderate Buy” from the six research firms that are currently covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is GBX 2,781.67.

Several brokerages recently issued reports on OXIG. Deutsche Bank Aktiengesellschaft raised their target price on shares of Oxford Instruments from GBX 2,675 to GBX 2,900 and gave the company a “buy” rating in a research note on Wednesday, April 15th. Berenberg Bank boosted their price target on Oxford Instruments from GBX 2,700 to GBX 3,000 and gave the stock a “hold” rating in a research report on Monday, May 18th. JPMorgan Chase & Co. upped their price objective on Oxford Instruments from GBX 3,000 to GBX 3,200 and gave the company an “overweight” rating in a research note on Wednesday, June 10th. Finally, Jefferies Financial Group reiterated a “hold” rating and set a GBX 2,590 target price on shares of Oxford Instruments in a research note on Wednesday, June 10th.

Oxford Instruments Stock Performance

Shares of OXIG stock opened at GBX 3,082 on Friday. The stock has a market cap of £1.70 billion, a P/E ratio of 36.82, a P/E/G ratio of -3.56 and a beta of 1.11. The company has a debt-to-equity ratio of 13.08, a current ratio of 1.83 and a quick ratio of 1.11. The company has a fifty day moving average price of GBX 2,983.80 and a two-hundred day moving average price of GBX 2,718.61. Oxford Instruments has a one year low of GBX 1,682 and a one year high of GBX 3,318.

Oxford Instruments (LON:OXIG) last announced its quarterly earnings data on Tuesday, June 9th. The company reported GBX 100.70 EPS for the quarter. The company had revenue of £423.20 million during the quarter. Oxford Instruments had a net margin of 11.39% and a return on equity of 13.94%. As a group, equities analysts predict that Oxford Instruments will post 117.7149452 EPS for the current year.

Oxford Instruments Company Profile