Oxford Instruments plc (LON:OXIG) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Oxford Instruments plc (LON:OXIG) have been assigned a consensus rating of “Moderate Buy” from the six research firms that are currently covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1-year target price among analysts that have covered the stock in the last year is GBX 2,281 ($28.40).

Separately, Shore Capital reiterated a “buy” rating on shares of Oxford Instruments in a report on Tuesday, April 16th.

Oxford Instruments Stock Performance

Shares of OXIG opened at GBX 2,105 ($26.20) on Tuesday. The company has a 50-day simple moving average of GBX 2,119.83 and a 200-day simple moving average of GBX 2,106.80. The company has a quick ratio of 1.11, a current ratio of 1.67 and a debt-to-equity ratio of 16.33. The company has a market capitalization of £1.22 billion, a PE ratio of 2,043.69, a P/E/G ratio of -3.56 and a beta of 0.97. Oxford Instruments has a 52-week low of GBX 20.70 ($0.26) and a 52-week high of GBX 2,884.80 ($35.91).

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.