Oxford Instruments plc (OXIG) Stock Rating Reaffirmed by Jefferies Group
Oxford Instruments plc (LON:OXIG)‘s stock had its “underperform” rating restated by equities research analysts at Jefferies Group in a research report issued on Wednesday. They currently have a GBX 575 ($7.18) price target on the stock. Jefferies Group’s price objective suggests a potential downside of 6.96% from the company’s previous close.
OXIG has been the topic of several other reports. JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 870 ($10.87) price target on shares of Oxford Instruments plc in a report on Wednesday, September 14th. Numis Securities Ltd cut Oxford Instruments plc to a “hold” rating and reduced their price target for the stock from GBX 880 ($10.99) to GBX 815 ($10.18) in a report on Wednesday, September 14th. Beaufort Securities cut Oxford Instruments plc to a “hold” rating in a report on Thursday, July 21st. Finally, Liberum Capital restated a “hold” rating and set a GBX 690 ($8.62) price target on shares of Oxford Instruments plc in a report on Tuesday, September 13th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have assigned a buy rating to the company’s stock. Oxford Instruments plc presently has an average rating of “Hold” and an average price target of GBX 743.11 ($9.28).
Shares of Oxford Instruments plc (LON:OXIG) opened at 618.50 on Wednesday. The company has a 50 day moving average of GBX 673.81 and a 200-day moving average of GBX 694.50. Oxford Instruments plc has a 12 month low of GBX 553.55 and a 12 month high of GBX 804.36. The firm’s market capitalization is GBX 353.26 million.
The firm also recently declared a dividend, which will be paid on Friday, April 7th. Shareholders of record on Thursday, March 9th will be paid a GBX 3.70 ($0.05) dividend. This represents a yield of 0.58%. The ex-dividend date is Thursday, March 9th.
About Oxford Instruments plc
Oxford Instruments plc is a United Kingdom-based provider of high technology tools and systems for research and industry. The Company designs and manufactures equipment that can fabricate, characterize, manipulate and analyze matter at the atomic and molecular level. The Company operates through nine segments, which are combined into three aggregated operating segments.
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