Oxford Instruments (LON:OXIG) Stock Price Expected to Rise, Deutsche Bank Aktiengesellschaft Analyst Says

Oxford Instruments (LON:OXIG) had its price target raised by equities researchers at Deutsche Bank Aktiengesellschaft from GBX 2,675 to GBX 2,900 in a note issued to investors on Wednesday, MarketBeat.com reports. The firm presently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s target price suggests a potential upside of 3.13% from the company’s previous close.

Several other analysts have also recently commented on the company. Berenberg Bank raised their target price on Oxford Instruments from GBX 2,400 to GBX 2,700 and gave the company a “buy” rating in a research report on Thursday, January 15th. Shore Capital Group reiterated a “buy” rating and set a GBX 2,600 price target on shares of Oxford Instruments in a research report on Thursday, January 15th. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of GBX 2,631.67.

Oxford Instruments Stock Performance

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

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