Oxford Instruments (LON:OXIG) Stock Price Expected to Rise, Berenberg Bank Analyst Says

Oxford Instruments (LON:OXIGGet Free Report) had its price objective increased by equities researchers at Berenberg Bank from GBX 2,700 to GBX 3,000 in a research report issued to clients and investors on Monday,Digital Look reports. The brokerage currently has a “hold” rating on the stock. Berenberg Bank’s price target indicates a potential upside of 3.59% from the stock’s current price.

A number of other equities research analysts have also commented on OXIG. Jefferies Financial Group reissued a “hold” rating and issued a GBX 2,590 price target on shares of Oxford Instruments in a research report on Wednesday, April 15th. Deutsche Bank Aktiengesellschaft raised their target price on 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 investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of GBX 2,681.67.

View Our Latest Analysis on OXIG

Oxford Instruments Trading Down 2.0%

LON OXIG opened at GBX 2,896 on Monday. The firm has a market capitalization of £1.60 billion, a P/E ratio of 122.19, a PEG ratio of -3.56 and a beta of 1.05. The business has a fifty day simple moving average of GBX 2,674.57 and a 200 day simple moving average of GBX 2,379.19. Oxford Instruments has a 12 month low of GBX 1,682 and a 12 month high of GBX 3,100. The company has a current ratio of 1.77, a quick ratio of 1.11 and a debt-to-equity ratio of 16.08.

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