Jefferies Group upgraded shares of Oxford Instruments (LON:OXIG) to a hold rating in a research report released on Thursday morning. Jefferies Group currently has GBX 845 ($11.67) price target on the stock, down from their previous price target of GBX 850 ($11.74).
Several other equities analysts have also weighed in on OXIG. Peel Hunt restated a hold rating and set a GBX 1,020 ($14.09) price objective on shares of Oxford Instruments in a research report on Tuesday, October 31st. Shore Capital restated a hold rating on shares of Oxford Instruments in a research report on Monday, November 13th. Liberum Capital restated a hold rating and set a GBX 1,150 ($15.89) price objective on shares of Oxford Instruments in a research report on Tuesday, November 14th. JPMorgan Chase & Co. restated an overweight rating and set a GBX 1,180 ($16.30) price objective on shares of Oxford Instruments in a research report on Wednesday, November 15th. Finally, Berenberg Bank raised their price objective on shares of Oxford Instruments from GBX 700 ($9.67) to GBX 1,050 ($14.51) and gave the company a hold rating in a research report on Thursday, November 30th. Five investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Oxford Instruments presently has a consensus rating of Buy and a consensus price target of GBX 1,027.50 ($14.20).
Oxford Instruments (OXIG) opened at GBX 777 ($10.74) on Thursday. Oxford Instruments has a 12-month low of GBX 769 ($10.62) and a 12-month high of GBX 1,174 ($16.22). The firm has a market cap of $454.41 and a PE ratio of -2,988.46.
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Oxford Instruments Company Profile
Oxford Instruments plc is a provider of technology tools and systems for industry and research. The Company operates through two segments: Nanotechnology Tools and Service. The Nanotechnology Tools segment offers technology products serving research customers in both the public and private sectors. The Service segment contains the Company’s service, rental and refurbished asset sales business.
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