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

Shares of Oxford Instruments plc (LON:OXIG) have been assigned an average recommendation of “Moderate Buy” from the six research firms that are covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is GBX 2,631.67.

OXIG has been the subject of several recent analyst reports. Jefferies Financial Group reissued a “hold” rating and issued a GBX 2,590 price objective on shares of Oxford Instruments in a report on Wednesday, April 15th. Deutsche Bank Aktiengesellschaft increased their price objective on Oxford Instruments from GBX 2,675 to GBX 2,900 and gave the company a “buy” rating in a report on Wednesday, April 15th.

Oxford Instruments Trading Down 4.6%

LON OXIG opened at GBX 2,956 on Friday. The company has a market cap of £1.63 billion, a PE ratio of 124.73, a PEG ratio of -3.56 and a beta of 1.05. The company has a current ratio of 1.77, a quick ratio of 1.11 and a debt-to-equity ratio of 16.08. Oxford Instruments has a 12 month low of GBX 1,682 and a 12 month high of GBX 3,100. The stock has a 50 day moving average of GBX 2,674.57 and a 200-day moving average of GBX 2,376.15.

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