Oxford Instruments’ (OXIG) “Hold” Rating Reaffirmed at Jefferies Financial Group

Oxford Instruments (LON:OXIG – Get Free Report)‘s stock had its “hold” rating reaffirmed by research analysts at Jefferies Financial Group in a research report issued on Wednesday, Digital Look reports. They presently have a GBX 3,000 target price on the stock. Jefferies Financial Group’s target price would suggest a potential upside of 8.93% from the company’s previous close.

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

Check Out Our Latest Report on Oxford Instruments

Oxford Instruments Trading Up 1.6%

LON:OXIG opened at GBX 2,754 on Wednesday. Oxford Instruments has a 12-month low of GBX 1,776 and a 12-month high of GBX 3,318. The firm has a market cap of £1.51 billion, a PE ratio of 32.90, a price-to-earnings-growth ratio of -3.56 and a beta of 1.09. The company has a current ratio of 1.83, a quick ratio of 1.11 and a debt-to-equity ratio of 13.08. The stock has a fifty day moving average price of GBX 2,856.80 and a 200 day moving average price of GBX 2,877.

Insider Buying and Selling at Oxford Instruments

In other news, insider Paul Fry bought 2,335 shares of the firm’s stock in a transaction that occurred on Friday, July 24th. The stock was purchased at an average cost of GBX 3,044 per share, with a total value of £71,077.40. Also, insider Richard Tyson sold 11,124 shares of the company’s stock in a transaction dated Friday, July 31st. The shares were sold at an average price of GBX 2,786, for a total value of £309,914.64. Insiders acquired 5,620 shares of company stock valued at $17,066,277 in the last 90 days. 1.56% of the stock is currently owned by insiders.

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