Jefferies Financial Group Reaffirms “Hold” Rating for Oxford Instruments (LON:OXIG)

Oxford Instruments (LON:OXIG)‘s stock had its “hold” rating reissued by Jefferies Financial Group in a report issued on Wednesday, MarketBeat.com reports. They currently have a GBX 2,590 price target on the stock. Jefferies Financial Group’s price target indicates a potential downside of 7.89% from the stock’s current price.

Several other research firms have also issued reports on OXIG. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Oxford Instruments from GBX 2,675 to GBX 2,900 and gave the stock a “buy” rating in a research report on Wednesday. Berenberg Bank lifted their target price on shares of Oxford Instruments from GBX 2,400 to GBX 2,700 and gave the company a “buy” rating in a report on Thursday, January 15th. Finally, Shore Capital Group reiterated a “buy” rating and issued a GBX 2,600 price target on shares of Oxford Instruments in a report on Thursday, January 15th. Five investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of GBX 2,631.67.

Oxford Instruments Trading Up 2.5%

LON OXIG opened at GBX 2,812 on Wednesday. Oxford Instruments has a one year low of GBX 1,584 and a one year high of GBX 2,826. The company’s 50 day moving average price is GBX 2,560.47 and its 200 day moving average price is GBX 2,240.95. The company has a debt-to-equity ratio of 16.08, a quick ratio of 1.11 and a current ratio of 1.77. The firm has a market capitalization of £1.56 billion, a price-to-earnings ratio of 118.65, a PEG ratio of -3.56 and a beta of 1.02.

Oxford Instruments Company Profile