Oxford Instruments (LON:OXIG) Given New GBX 2,500 Price Target at Berenberg Bank

Oxford Instruments (LON:OXIG - Free Report) had its price objective decreased by Berenberg Bank from GBX 2,600 ($34.90) to GBX 2,500 ($33.56) in a research note published on Monday morning, Marketbeat Ratings reports. Berenberg Bank currently has a buy rating on the stock.

Oxford Instruments Stock Up 1.0%

Oxford Instruments stock traded up GBX 20 ($0.27) on Monday, hitting GBX 2,030 ($27.25). 56,205 shares of the stock traded hands, compared to its average volume of 211,594. The company has a current ratio of 1.64, a quick ratio of 1.11 and a debt-to-equity ratio of 12.96. The firm has a market cap of £1.17 billion, a P/E ratio of 23.06, a price-to-earnings-growth ratio of -3.56 and a beta of 0.96. The business's fifty day simple moving average is GBX 1,878.52 and its 200 day simple moving average is GBX 1,877.85. Oxford Instruments has a 1 year low of GBX 1,470 ($19.73) and a 1 year high of GBX 2,580 ($34.63).

Oxford Instruments (LON:OXIG - Get Free Report) last announced its quarterly earnings data on Friday, June 13th. The company reported GBX 112.40 ($1.51) EPS for the quarter. Oxford Instruments had a return on equity of 14.14% and a net margin of 10.78%. As a group, sell-side analysts forecast that Oxford Instruments will post 117.7149452 earnings per share for the current year.

Insider Buying and Selling at Oxford Instruments

In related news, insider Richard Tyson purchased 4,002 shares of Oxford Instruments stock in a transaction dated Tuesday, July 1st. The stock was purchased at an average cost of GBX 1,874 ($25.15) per share, for a total transaction of £74,997.48 ($100,667.76). Insiders acquired 7,927 shares of company stock worth $15,043,429 in the last ninety days. 4.98% of the stock is owned by company insiders.

Oxford Instruments Company Profile

Oxford Instruments provides academic and commercial organisations worldwide with market-leading scientific technology and expertise across its key market segments: materials analysis, semiconductor, and healthcare & life science. Innovation is the driving force behind Oxford Instruments' growth and success, supporting its core purpose to accelerate the breakthroughs that create a brighter future for our world.