Oxford Instruments (LON:OXIG) Sets New 1-Year High – Should You Buy?

Oxford Instruments plc (LON:OXIGGet Free Report)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 2,535 and last traded at GBX 2,533.13, with a volume of 13373 shares changing hands. The stock had previously closed at GBX 2,525.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on OXIG shares. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Oxford Instruments from GBX 2,435 to GBX 2,675 and gave the company a “buy” rating in a research note on Thursday, January 15th. Berenberg Bank upped their price target on shares of 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 reissued a “buy” rating and issued a GBX 2,600 price objective on shares of Oxford Instruments in a report on Thursday, January 15th. Peel Hunt reaffirmed a “buy” rating and set a GBX 2,400 target price on shares of Oxford Instruments in a report on Monday, October 13th. Finally, JPMorgan Chase & Co. increased their price target on shares of Oxford Instruments from GBX 2,500 to GBX 2,600 and gave the stock an “overweight” rating in a research report on Thursday, December 4th. Five equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of GBX 2,595.

Check Out Our Latest Analysis on OXIG

Oxford Instruments Stock Down 0.8%

The firm has a market capitalization of £1.41 billion, a PE ratio of 105.70, a P/E/G ratio of -3.56 and a beta of 0.96. The company has a debt-to-equity ratio of 12.96, a current ratio of 1.64 and a quick ratio of 1.11. The company has a 50-day moving average price of GBX 2,113.79 and a 200 day moving average price of GBX 1,963.44.

Oxford Instruments (LON:OXIGGet Free Report) last posted its quarterly earnings results on Tuesday, November 11th. The company reported GBX 33 EPS for the quarter. Oxford Instruments had a return on equity of 14.14% and a net margin of 10.78%. Analysts forecast that Oxford Instruments plc will post 117.7149452 earnings per share for the current year.

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