Oxford Instruments plc (LON:OXIG) Stock Has Average Target Price of GBX 2,883.33

Oxford Instruments plc (LON:OXIG – Get Free Report) has been assigned an average recommendation of “Moderate Buy” from the five analysts that are covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12-month target price among brokerages that have covered the stock in the last year is GBX 2,980.

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

Read Our Latest Stock Report on OXIG

Insider Transactions at Oxford Instruments

In related news, insider Paul Fry bought 66 shares of the business’s stock in a transaction dated Thursday, September 10th. The stock was acquired at an average price of GBX 2,731 per share, with a total value of £1,802.46. Also, insider Richard Tyson bought 65 shares of the firm’s stock in a transaction dated Thursday, September 10th. The stock was purchased at an average price of GBX 2,731 per share, for a total transaction of £1,775.15. Insiders have bought 5,620 shares of company stock valued at $17,066,277 in the last three months. Corporate insiders own 1.56% of the company’s stock.

Oxford Instruments Price Performance

LON:OXIG opened at GBX 2,974 on Wednesday. Oxford Instruments has a 52 week low of GBX 1,750 and a 52 week high of GBX 3,318. The company has a quick ratio of 1.11, a current ratio of 1.83 and a debt-to-equity ratio of 13.08. The stock has a market capitalization of £1.63 billion, a PE ratio of 35.53, a price-to-earnings-growth ratio of -3.56 and a beta of 1.09. The stock’s 50-day moving average price is GBX 2,862.37 and its 200-day moving average price is GBX 2,872.61.

Oxford Instruments Company Profile

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Analyst Recommendations for Oxford Instruments (LON:OXIG)

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