Oxford Instruments plc (LON:OXIG) Receives Average Recommendation of “Moderate Buy” from Analysts

Oxford Instruments plc (LON:OXIG) has received an average recommendation of “Moderate Buy” from the six brokerages that are currently covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is GBX 2,883.33.

Several research analysts recently weighed in on OXIG shares. Jefferies Financial Group lifted their price objective on shares of Oxford Instruments from GBX 2,590 to GBX 3,000 and gave the stock a “hold” rating in a research note on Thursday, September 10th. JPMorgan Chase & Co. upped their target price on shares of Oxford Instruments from GBX 3,200 to GBX 3,400 and gave the company an “overweight” rating in a research note on Thursday, September 10th.

Oxford Instruments Price Performance

Oxford Instruments stock opened at GBX 2,780.84 on Friday. The company has a current ratio of 1.83, a quick ratio of 1.11 and a debt-to-equity ratio of 13.08. The firm has a market capitalization of £1.53 billion, a P/E ratio of 33.22, a PEG ratio of -3.56 and a beta of 1.09. The business has a 50-day moving average of GBX 2,819.85 and a 200-day moving average of GBX 2,817.06. Oxford Instruments has a 1 year low of GBX 1,682 and a 1 year high of GBX 3,318.

Insider Buying and Selling at Oxford Instruments

In other news, insider Richard Tyson sold 11,124 shares of the business’s stock in a transaction on Friday, July 31st. The shares were sold at an average price of GBX 2,786, for a total value of £309,914.64. Also, insider Paul Fry acquired 2,335 shares of the stock in a transaction that occurred on Friday, July 24th. The stock was purchased at an average price of GBX 3,044 per share, with a total value of £71,077.40. Insiders bought a total of 5,620 shares of company stock valued at $17,066,277 in the last three months. 1.55% of the stock is owned by company insiders.

Oxford Instruments Company Profile