Brokerages Set Oxford Instruments plc (LON:OXIG) Price Target at GBX 2,281

Oxford Instruments plc (LON:OXIG) has received an average rating of “Moderate Buy” from the six ratings firms that are currently covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is GBX 2,281 ($28.40).

Separately, Shore Capital reissued a “buy” rating on shares of Oxford Instruments in a report on Tuesday.

Oxford Instruments Price Performance

Shares of OXIG stock opened at GBX 2,085 ($25.96) on Tuesday. The firm has a market cap of £1.21 billion, a P/E ratio of 2,024.27, a P/E/G ratio of -3.56 and a beta of 0.97. The company has a debt-to-equity ratio of 16.33, a current ratio of 1.67 and a quick ratio of 1.11. Oxford Instruments has a 1-year low of GBX 1,634 ($20.34) and a 1-year high of GBX 2,884.80 ($35.91). The firm has a fifty day moving average of GBX 2,121.63 and a two-hundred day moving average of GBX 2,107.27.

Oxford Instruments Company Profile

Oxford Instruments plc designs and supplies technology products and services in Europe, North America, Asia, and internationally. It operates through three segments: Materials & Characterisation, Research & Discovery, and Service & Healthcare. The company offers atomic force, electron, and raman microscopy; deposition and etch tools; low temperature systems; optical imaging; nuclear magnetic resonance, modular optical spectroscopy; and x-ray.