Oxford Instruments plc (LON:OXIG) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Oxford Instruments plc (LON:OXIG) have received a consensus rating of “Moderate Buy” from the six ratings firms that are presently covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is GBX 2,281 ($28.17).

Separately, Shore Capital reissued a “buy” rating on shares of Oxford Instruments in a research report on Tuesday, April 16th.

Oxford Instruments Trading Up 2.4 %

LON OXIG opened at GBX 2,120 ($26.19) on Tuesday. The company has a debt-to-equity ratio of 16.33, a quick ratio of 1.11 and a current ratio of 1.67. The company has a market capitalization of £1.23 billion, a price-to-earnings ratio of 2,009.71, a price-to-earnings-growth ratio of -3.56 and a beta of 0.97. The company’s 50-day simple moving average is GBX 2,119.20 and its two-hundred day simple moving average is GBX 2,108.11. Oxford Instruments has a one year low of GBX 20.70 ($0.26) and a one year high of GBX 2,884.80 ($35.63).

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.