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

Oxford Instruments plc (LON:OXIG) has been given a consensus recommendation of “Moderate Buy” by the six research firms that are currently covering the company, MarketBeat Ratings reports. Two equities research 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 brokers that have issued ratings 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 research note on Tuesday.

Oxford Instruments Trading Up 0.5 %

OXIG stock opened at GBX 2,085 ($25.96) on Tuesday. The company has a current ratio of 1.67, a quick ratio of 1.11 and a debt-to-equity ratio of 16.33. The business’s 50-day moving average is GBX 2,121.63 and its 200 day moving average is GBX 2,107.27. Oxford Instruments has a 12-month low of GBX 1,634 ($20.34) and a 12-month high of GBX 2,884.80 ($35.91). The stock has a market cap of £1.21 billion, a price-to-earnings ratio of 2,024.27, a PEG ratio of -3.56 and a beta of 0.97.

About Oxford Instruments

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.