Deutsche Bank Aktiengesellschaft Reiterates “Buy” Rating for Oxford Instruments (LON:OXIG)

Oxford Instruments (LON:OXIG)‘s stock had its “buy” rating restated by investment analysts at Deutsche Bank Aktiengesellschaft in a research note issued to investors on Thursday, Marketbeat reports. They currently have a GBX 95 ($1.20) target price on the stock. Deutsche Bank Aktiengesellschaft’s target price points to a potential downside of 95.31% from the company’s current price.

Separately, Berenberg Bank cut their target price on Oxford Instruments from GBX 2,925 ($36.81) to GBX 2,830 ($35.61) and set a “buy” rating for the company in a research report on Tuesday, November 12th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, Oxford Instruments presently has an average rating of “Moderate Buy” and a consensus target price of GBX 1,978.75 ($24.90).

Oxford Instruments Price Performance

Shares of OXIG stock traded up GBX 10 ($0.13) during mid-day trading on Thursday, reaching GBX 2,025 ($25.48). The company’s stock had a trading volume of 51,462 shares, compared to its average volume of 128,424. Oxford Instruments has a 1-year low of GBX 1,864.48 ($23.46) and a 1-year high of GBX 2,765 ($34.79). The company has a debt-to-equity ratio of 12.96, a quick ratio of 1.11 and a current ratio of 1.64. The company has a market cap of £1.17 billion, a P/E ratio of 23.00, a PEG ratio of -3.56 and a beta of 0.96. The firm’s 50-day moving average is GBX 2,068.50 and its two-hundred day moving average is GBX 2,113.93.

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.