JPMorgan Chase & Co. Reaffirms “Overweight” Rating for Oxford Instruments (OXIG)

Oxford Instruments (LON:OXIG)‘s stock had its “overweight” rating reaffirmed by equities researchers at JPMorgan Chase & Co. in a research report issued on Wednesday.

OXIG has been the subject of a number of other reports. Jefferies Financial Group reaffirmed a “hold” rating on shares of Oxford Instruments in a research report on Wednesday, September 5th. Liberum Capital reaffirmed a “buy” rating on shares of Oxford Instruments in a research report on Friday, August 3rd. Finally, Peel Hunt boosted their target price on Oxford Instruments from GBX 1,070 ($13.98) to GBX 1,200 ($15.68) and gave the company a “buy” rating in a research report on Friday, July 20th. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. Oxford Instruments presently has an average rating of “Buy” and a consensus target price of GBX 1,066.88 ($13.94).

OXIG stock opened at GBX 892 ($11.66) on Wednesday. Oxford Instruments has a 1-year low of GBX 680 ($8.89) and a 1-year high of GBX 1,174 ($15.34).



About Oxford Instruments

Oxford Instruments plc, through its subsidiaries, researches, develops, manufactures, rents, sells, and services tools and systems in the United States, rest of Europe, rest of Asia, the United Kingdom, Japan, China, Germany, and internationally. The company's Nanotechnology Tools segment provides high performance scientific imaging cameras, spectroscopy solutions, and microscopy systems for research and OEM markets; atomic force probe microscopy for materials and bioscience applications; 3D and 4D image visualization and analysis software; and nanoanalysis solutions for materials characterization and nanofabrication on scanning electron microscopes, focussed ion beams, and transmission electron microscopes.

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