Deutsche Bank Aktiengesellschaft Issues Positive Forecast for Oxford Instruments (LON:OXIG) Stock Price

Oxford Instruments (LON:OXIG) had its price target upped by Deutsche Bank Aktiengesellschaft from GBX 2,435 to GBX 2,675 in a research report report published on Thursday, MarketBeat.com reports. Deutsche Bank Aktiengesellschaft currently has a buy rating on the stock.

Several other equities analysts have also recently issued reports on OXIG. Shore Capital reiterated a “buy” rating and set a GBX 2,600 price target on shares of Oxford Instruments in a research report on Thursday. JPMorgan Chase & Co. boosted their target price on Oxford Instruments from GBX 2,500 to GBX 2,600 and gave the stock an “overweight” rating in a research report on Thursday, December 4th. Peel Hunt reaffirmed a “buy” rating and issued a GBX 2,400 price objective on shares of Oxford Instruments in a research note on Monday, October 13th. Finally, Berenberg Bank increased their price target on shares of Oxford Instruments from GBX 2,400 to GBX 2,700 and gave the stock a “buy” rating in a research report on Thursday. Five equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of GBX 2,595.

Oxford Instruments Stock Performance

OXIG stock traded up GBX 75 on Thursday, reaching GBX 2,400. The company’s stock had a trading volume of 419,169 shares, compared to its average volume of 274,528. The company has a debt-to-equity ratio of 12.96, a current ratio of 1.64 and a quick ratio of 1.11. Oxford Instruments has a 52 week low of GBX 1,470 and a 52 week high of GBX 2,410. The firm has a fifty day moving average of GBX 2,052.31 and a two-hundred day moving average of GBX 1,941.31. The company has a market capitalization of £1.35 billion, a P/E ratio of 101.27, a price-to-earnings-growth ratio of -3.56 and a beta of 0.96.

Oxford Instruments (LON:OXIG) last released its quarterly earnings results on Tuesday, November 11th. The company reported GBX 33 EPS for the quarter. Oxford Instruments had a net margin of 10.78% and a return on equity of 14.14%. As a group, analysts predict that Oxford Instruments will post 117.7149452 EPS for the current fiscal year.

Oxford Instruments Company Profile