Oxford Instruments’ (OXIG) Hold Rating Reiterated at Jefferies Financial Group

Oxford Instruments (LON:OXIG – Get Free Report)‘s stock had its “hold” rating restated by equities researchers at Jefferies Financial Group in a report issued 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 9.65% from the stock’s current price.

A number of other equities analysts have also weighed in on the company. JPMorgan Chase & Co. upped their target price on 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 reduced their price target on shares of Oxford Instruments from GBX 3,000 to GBX 2,840 and set a “hold” rating for the company in a research report on Wednesday. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of GBX 2,948.

View Our Latest Stock Report on Oxford Instruments

Oxford Instruments Trading Down 6.2%

Shares of Oxford Instruments stock opened at GBX 2,736 on Wednesday. The company has a debt-to-equity ratio of 13.08, a quick ratio of 1.11 and a current ratio of 1.83. Oxford Instruments has a 52 week low of GBX 1,776 and a 52 week high of GBX 3,318. The stock has a 50 day moving average price of GBX 2,863.38 and a two-hundred day moving average price of GBX 2,875.54. The stock has a market capitalization of £1.50 billion, a PE ratio of 32.69, a price-to-earnings-growth ratio of -3.56 and a beta of 1.09.

Insiders Place Their Bets

In other news, insider Paul Fry acquired 66 shares of the business’s 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 £1,802.46. Also, insider Richard Tyson acquired 65 shares of the business’s stock in a transaction on Thursday, September 10th. The shares were purchased at an average cost of GBX 2,731 per share, for a total transaction of £1,775.15. Insiders purchased a total of 5,620 shares of company stock valued at $17,066,277 over the last three months. 1.56% of the stock is currently owned by insiders.

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