Oxford Instruments (OTCMKTS:OXINF) Raised to “Buy” at Zacks Investment Research

Zacks Investment Research upgraded shares of Oxford Instruments (OTCMKTS:OXINF) from a hold rating to a buy rating in a research report released on Tuesday, Zacks.com reports. Zacks Investment Research currently has $34.00 target price on the stock.

According to Zacks, “Oxford Instruments plc is a holding company, which engages in the research, development, manufacture and sale of high technology tools and systems. Its operating segment includes Nanotechnology Tools, Industrial Products and Service. Nanotechnology Tools segment includes high technology tools to characterize, analyze, manipulate and fabricate at a nano scale. Industrial Products segment develops and manufactures tools and components for industrial applications. Service segment deals with knowledgeable support services, training and refurbishment. Oxford Instruments plc is headquartered in Abingdon, the United Kingdom. “

OXINF has been the subject of several other reports. JPMorgan Chase & Co. reaffirmed an overweight rating on shares of Oxford Instruments in a research note on Wednesday, November 10th. Jefferies Financial Group reaffirmed a hold rating on shares of Oxford Instruments in a research note on Wednesday, November 10th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of Buy and a consensus price target of $34.00.

OTCMKTS OXINF opened at $30.65 on Tuesday. Oxford Instruments has a 1-year low of $24.54 and a 1-year high of $37.28. The business has a 50 day moving average price of $32.53 and a 200 day moving average price of $32.74.

Oxford Instruments Company Profile

Oxford Instruments Plc is a holding company, which engages in the research, development, manufacture, rental, sale, and service of high technology tools and systems. It operates through the following segments: Materials and Characterization; Research and Discovery; and Service and Healthcare. The Materials and Characterization segment focuses on applied research and development, and commercial customers, enabling the fabrication, and characterization of materials and devices down to the atomic scale.

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