Oxford Instruments plc (OXIG) Earns “Overweight” Rating from J P Morgan Chase & Co
Oxford Instruments plc (LON:OXIG)‘s stock had its “overweight” rating restated by research analysts at J P Morgan Chase & Co in a note issued to investors on Wednesday. They presently have a GBX 1,180 ($15.24) price target on the stock. J P Morgan Chase & Co’s target price points to a potential upside of 7.27% from the company’s previous close.
OXIG has been the topic of several other research reports. Berenberg Bank reiterated a “hold” rating on shares of Oxford Instruments plc in a research note on Wednesday, September 6th. Barclays PLC boosted their price target on shares of Oxford Instruments plc from GBX 1,070 ($13.82) to GBX 1,145 ($14.79) and gave the stock an “overweight” rating in a research note on Wednesday, June 21st. Shore Capital reiterated a “hold” rating on shares of Oxford Instruments plc in a research note on Thursday, June 29th. Numis Securities Ltd upgraded shares of Oxford Instruments plc to a “buy” rating and set a GBX 1,375 ($17.76) price target on the stock in a research note on Wednesday, June 14th. Finally, Peel Hunt reiterated a “hold” rating and issued a GBX 1,020 ($13.17) price target on shares of Oxford Instruments plc in a research note on Tuesday. One investment analyst has rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the stock. Oxford Instruments plc has an average rating of “Hold” and a consensus price target of GBX 994.38 ($12.84).
Oxford Instruments plc (OXIG) opened at 1100.00 on Wednesday. The company’s market cap is GBX 628.45 million. Oxford Instruments plc has a 1-year low of GBX 610.00 and a 1-year high of GBX 1,174.00. The company has a 50-day moving average price of GBX 1,051.62 and a 200-day moving average price of GBX 976.10.
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Oxford Instruments plc Company Profile
Oxford Instruments plc is a provider of technology tools and systems for industry and research. The Company operates through two segments: Nanotechnology Tools and Service. The Nanotechnology Tools segment offers technology products serving research customers in both the public and private sectors. The Service segment contains the Company’s service, rental and refurbished asset sales business.
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