Oxford Instruments (LON:OXIG) Upgraded at Shore Capital

Shore Capital upgraded shares of Oxford Instruments (LON:OXIGGet Rating) to a buy rating in a research note released on Wednesday morning, MarketBeat reports.

Other equities analysts also recently issued reports about the company. JPMorgan Chase & Co. reaffirmed an overweight rating and set a GBX 2,600 ($33.88) price target on shares of Oxford Instruments in a research report on Friday, March 11th. Berenberg Bank reiterated a buy rating and issued a GBX 2,750 ($35.84) price target on shares of Oxford Instruments in a research note on Tuesday, January 18th.

Shares of Oxford Instruments stock opened at GBX 2,245 ($29.25) on Wednesday. The company has a quick ratio of 1.01, a current ratio of 1.35 and a debt-to-equity ratio of 22.27. The company has a market cap of £1.29 billion and a P/E ratio of 30.15. The firm’s 50 day moving average price is GBX 2,098.97 and its 200-day moving average price is GBX 2,269.03. Oxford Instruments has a 52-week low of GBX 1,600 ($20.85) and a 52-week high of GBX 2,830 ($36.88).

Oxford Instruments Company Profile (Get Rating)

Oxford Instruments plc, through its subsidiaries, researches, develops, manufactures, rents, sells, and services tools and systems in the United Kingdom, China, Japan, the United States, Germany, rest of Europe, rest of Asia, and internationally. It operates through e Materials & Characterisation, Research & Discovery, and Service & Healthcare.

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