Oxford Instruments (LON:OXIG) Given New GBX 2,900 Price Target at Deutsche Bank Aktiengesellschaft

Key Points

• Deutsche Bank raised its price target on Oxford Instruments to GBX 2,900 (from GBX 2,675) and kept a "buy" rating, implying about a 2.84% upside from the prior close.
• Analyst consensus is broadly positive (five Buys, one Hold) with an average target of GBX 2,631.67; the stock opened at GBX 2,820, near its 12‑month high (GBX 2,824), and trades at a market cap of £1.56 billion with a high P/E of 118.99.

Oxford Instruments (LON:OXIG - Get Free Report) had its price target boosted by equities research analysts at Deutsche Bank Aktiengesellschaft from GBX 2,675 to GBX 2,900 in a research note issued to investors on Wednesday,London Stock Exchange reports. The firm currently has a "buy" rating on the stock. Deutsche Bank Aktiengesellschaft's price objective would indicate a potential upside of 2.84% from the stock's previous close.

Other research analysts have also recently issued research reports about the stock. Shore Capital Group reissued a "buy" rating and set a GBX 2,600 target price on shares of Oxford Instruments in a report on Thursday, January 15th. Berenberg Bank raised their target price on shares of Oxford Instruments from GBX 2,400 to GBX 2,700 and gave the stock a "buy" rating in a report on Thursday, January 15th. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of GBX 2,631.67.

Oxford Instruments Trading Up 1.0%

LON OXIG opened at GBX 2,820 on Wednesday. The company has a fifty day simple moving average of GBX 2,550.15 and a two-hundred day simple moving average of GBX 2,233.39. The stock has a market cap of £1.56 billion, a P/E ratio of 118.99, a P/E/G ratio of -3.56 and a beta of 1.02. Oxford Instruments has a 12-month low of GBX 1,584 and a 12-month high of GBX 2,824. The company has a current ratio of 1.77, a quick ratio of 1.11 and a debt-to-equity ratio of 16.08.

Oxford Instruments Company Profile

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