Oxford Instruments (OTCMKTS:OXINF) Coverage Initiated at HSBC

Analysts at HSBC assumed coverage on shares of Oxford Instruments (OTCMKTS:OXINF – Get Rating) in a research note issued on Wednesday, The Fly reports. The firm set a “hold” rating on the stock.

Several other brokerages also recently commented on OXINF. Berenberg Bank lifted their target price on Oxford Instruments from GBX 2,930 ($36.70) to GBX 3,100 ($38.83) in a report on Thursday, April 20th. Jefferies Financial Group raised their price objective on Oxford Instruments from GBX 2,410 ($30.19) to GBX 2,720 ($34.07) in a research report on Thursday, April 13th.

Oxford Instruments Price Performance

OXINF stock opened at $35.20 on Wednesday. The company has a fifty day moving average price of $31.36 and a 200-day moving average price of $28.04. Oxford Instruments has a 52-week low of $19.30 and a 52-week high of $35.20.

About Oxford Instruments

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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.