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 equities researchers at Jefferies Financial Group in a research 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 price objective would suggest a potential upside of 10.70% from the stock’s previous close.

Several other research firms have also recently issued reports on OXIG. JPMorgan Chase & Co. raised their price objective on shares of Oxford Instruments from GBX 3,200 to GBX 3,400 and gave the stock an “overweight” rating in a research report on Thursday, September 10th. Berenberg Bank decreased their target price on shares of Oxford Instruments from GBX 3,000 to GBX 2,840 and set a “hold” rating on the stock in a report on Wednesday. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of GBX 2,948.

Oxford Instruments Trading Down 7.1%

Shares of LON OXIG traded down GBX 206 during trading on Wednesday, hitting GBX 2,710. 4,725,133 shares of the company were exchanged, compared to its average volume of 1,058,718. Oxford Instruments has a 12-month low of GBX 1,776 and a 12-month high of GBX 3,318. 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 fifty day moving average price of GBX 2,863.38 and a 200-day moving average price of GBX 2,875.54. The firm has a market capitalization of £1.48 billion, a PE ratio of 32.38, a P/E/G ratio of -3.56 and a beta of 1.09.

Insider Transactions at Oxford Instruments

In related news, insider Paul Fry acquired 66 shares of Oxford Instruments stock in a transaction that occurred on Thursday, September 10th. The shares were purchased at an average cost of GBX 2,731 per share, for a total transaction of £1,802.46. Also, insider Richard Tyson acquired 65 shares of Oxford Instruments stock in a transaction that occurred on Thursday, September 10th. The stock was bought at an average price of GBX 2,731 per share, for a total transaction of £1,775.15. Insiders have purchased a total of 5,620 shares of company stock valued at $17,066,277 over the last three months. Corporate insiders own 1.56% of the company’s stock.

Oxford Instruments Company Profile