Oxford Instruments (LON:OXIG) Price Target Raised to GBX 3,200 at JPMorgan Chase & Co.

Oxford Instruments (LON:OXIG) had its price objective boosted by equities researchers at JPMorgan Chase & Co. from GBX 3,000 to GBX 3,200 in a research report issued on Wednesday,Digital Look reports. The firm currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price objective indicates a potential upside of 10.65% from the company’s current price.

OXIG has been the topic of several other research reports. Jefferies Financial Group reiterated a “hold” rating and set a GBX 2,590 price objective on shares of Oxford Instruments in a research report on Wednesday. Berenberg Bank lifted their price objective on shares of Oxford Instruments from GBX 2,700 to GBX 3,000 and gave the company a “hold” rating in a research report on Monday, May 18th. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Oxford Instruments from GBX 2,675 to GBX 2,900 and gave the company a “buy” rating in a research report on Wednesday, April 15th. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 2,781.67.

Oxford Instruments Price Performance

Shares of LON:OXIG opened at GBX 2,892 on Wednesday. The company has a debt-to-equity ratio of 16.08, a current ratio of 1.77 and a quick ratio of 1.11. Oxford Instruments has a 1-year low of GBX 1,682 and a 1-year high of GBX 3,318. The company has a market capitalization of £1.60 billion, a P/E ratio of 122.03, a P/E/G ratio of -3.56 and a beta of 1.05. The firm’s 50 day simple moving average is GBX 2,871.88 and its two-hundred day simple moving average is GBX 2,516.67.

Oxford Instruments (LON:OXIG) last issued its quarterly earnings results on Tuesday, June 9th. The company reported GBX 100.70 earnings per share for the quarter. The business had revenue of £423.20 million for the quarter. Oxford Instruments had a net margin of 3.02% and a return on equity of 3.82%. Research analysts expect that Oxford Instruments will post 117.7149452 EPS for the current fiscal year.

Oxford Instruments Company Profile