Oxford Instruments (LON:OXIG) Given Hold Rating at Jefferies Financial Group

Oxford Instruments (LON:OXIG)‘s stock had its “hold” rating reissued by stock analysts at Jefferies Financial Group in a note issued to investors on Wednesday, Digital Look reports. They currently have a GBX 3,000 target price on the stock. Jefferies Financial Group’s target price indicates a potential upside of 13.29% from the stock’s current price.

Other equities research analysts have also issued research reports about the company. Berenberg Bank reduced their target price on Oxford Instruments from GBX 3,000 to GBX 2,840 and set a “hold” rating on the stock in a research note on Wednesday, October 14th. JPMorgan Chase & Co. increased their target price on Oxford Instruments from GBX 3,200 to GBX 3,400 and gave the company an “overweight” rating in a report on Thursday, September 10th. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of GBX 2,948.

Oxford Instruments Price Performance

Shares of OXIG stock traded down GBX 48 during trading hours on Wednesday, hitting GBX 2,648. The company’s stock had a trading volume of 170,852 shares, compared to its average volume of 1,023,026. The business has a fifty day moving average of GBX 2,853.08 and a 200-day moving average of GBX 2,882.76. The stock has a market cap of £1.45 billion, a price-to-earnings ratio of 31.64, a P/E/G ratio of -3.56 and a beta of 1.09. Oxford Instruments has a twelve month low of GBX 1,776 and a twelve month high of GBX 3,318. The company has a current ratio of 1.83, a quick ratio of 1.11 and a debt-to-equity ratio of 13.08.

Insider Activity at Oxford Instruments

In other news, insider Paul Fry acquired 2,335 shares of Oxford Instruments stock in a transaction that occurred on Friday, July 24th. The shares were acquired at an average price of GBX 3,044 per share, with a total value of £71,077.40. Also, insider Richard Tyson sold 11,124 shares of the firm’s stock in a transaction that occurred on Friday, July 31st. The stock was sold at an average price of GBX 2,786, for a total transaction of £309,914.64. Insiders have purchased 5,620 shares of company stock worth $17,066,277 in the last three months. Insiders own 1.56% of the company’s stock.

Oxford Instruments Company Profile