Oxford Instruments plc (LON:OXIG) Given Consensus Recommendation of "Moderate Buy" by Brokerages

Shares of Oxford Instruments plc (LON:OXIG - Get Free Report) have earned an average recommendation of "Moderate Buy" from the six brokerages that are currently covering the firm, MarketBeat reports. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is GBX 2,281 ($28.40).

Separately, Shore Capital reissued a "buy" rating on shares of Oxford Instruments in a report on Tuesday.

Oxford Instruments Stock Performance

Shares of Oxford Instruments stock traded down GBX 15 ($0.19) on Tuesday, reaching GBX 2,075 ($25.83). 56,688 shares of the stock were exchanged, compared to its average volume of 60,614. Oxford Instruments has a twelve month low of GBX 1,634 ($20.34) and a twelve month high of GBX 2,884.80 ($35.91). The firm has a market capitalization of £1.20 billion, a price-to-earnings ratio of 2,014.56, a PEG ratio of -3.56 and a beta of 0.97. The business has a 50 day moving average price of GBX 2,124.33 and a two-hundred day moving average price of GBX 2,108.23. The company has a quick ratio of 1.11, a current ratio of 1.67 and a debt-to-equity ratio of 16.33.

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.