Oxford Instruments (LON:OXIG) Stock Rating Reaffirmed as “Hold” by Jefferies Financial Group

Oxford Instruments (LON:OXIG)‘s stock had its “hold” rating reissued by analysts at Jefferies Financial Group in a report released on Wednesday, Digital Look reports. They presently have a GBX 3,000 price target on the stock. Jefferies Financial Group’s price target points to a potential upside of 8.93% from the stock’s current price.

A number of other equities research analysts also recently weighed in on OXIG. 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 report on Wednesday. JPMorgan Chase & Co. boosted their price target on Oxford Instruments from GBX 3,200 to GBX 3,400 and gave the stock an “overweight” rating in a report on Thursday, September 10th. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, Oxford Instruments has an average rating of “Moderate Buy” and a consensus price target of GBX 2,948.

Oxford Instruments Price Performance

Shares of LON OXIG traded up GBX 44 during trading hours on Wednesday, hitting GBX 2,754. 98,777 shares of the stock were exchanged, compared to its average volume of 1,032,022. The company has a debt-to-equity ratio of 13.08, a quick ratio of 1.11 and a current ratio of 1.83. The company has a market cap of £1.51 billion, a PE ratio of 32.90, a price-to-earnings-growth ratio of -3.56 and a beta of 1.09. The company’s fifty day simple moving average is GBX 2,859.62 and its two-hundred day simple moving average is GBX 2,877.86. Oxford Instruments has a 1-year low of GBX 1,776 and a 1-year high of GBX 3,318.

Insiders Place Their Bets

In other Oxford Instruments news, insider Richard Tyson bought 65 shares of Oxford Instruments stock in a transaction on Thursday, September 10th. The shares were purchased at an average cost of GBX 2,731 per share, with a total value of £1,775.15. Also, insider Paul Fry acquired 66 shares of Oxford Instruments stock in a transaction that occurred on Thursday, September 10th. The stock was acquired at an average cost of GBX 2,731 per share, for a total transaction of £1,802.46. Insiders have purchased a total of 5,620 shares of company stock worth $17,066,277 in the last 90 days. 1.56% of the stock is currently owned by corporate insiders.

Oxford Instruments Company Profile