Numis Securities Reiterates “Buy” Rating for Oxford Instruments (OXIG)

Oxford Instruments (LON:OXIG)‘s stock had its “buy” rating reaffirmed by stock analysts at Numis Securities in a research note issued to investors on Tuesday. They currently have a GBX 1,275 ($17.16) price target on the stock. Numis Securities’ target price indicates a potential upside of 53.25% from the company’s previous close.

Several other equities research analysts have also commented on the stock. J P Morgan Chase & Co restated an “overweight” rating and issued a GBX 1,180 ($15.88) price target on shares of Oxford Instruments in a report on Wednesday, September 13th. Shore Capital restated a “hold” rating on shares of Oxford Instruments in a report on Tuesday, September 12th. Liberum Capital restated a “hold” rating and issued a GBX 1,150 ($15.48) price target on shares of Oxford Instruments in a report on Tuesday, November 14th. Peel Hunt restated a “hold” rating and issued a GBX 1,020 ($13.73) price target on shares of Oxford Instruments in a report on Tuesday, November 14th. Finally, Berenberg Bank restated a “hold” rating on shares of Oxford Instruments in a report on Wednesday, September 6th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the company. Oxford Instruments presently has a consensus rating of “Hold” and a consensus target price of GBX 1,060 ($14.27).

Oxford Instruments (OXIG) opened at GBX 832 ($11.20) on Tuesday. Oxford Instruments has a 1 year low of GBX 611 ($8.22) and a 1 year high of GBX 1,174 ($15.80).

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Oxford Instruments Company Profile

Oxford Instruments plc is a provider of technology tools and systems for industry and research. The Company operates through two segments: Nanotechnology Tools and Service. The Nanotechnology Tools segment offers technology products serving research customers in both the public and private sectors. The Service segment contains the Company’s service, rental and refurbished asset sales business.

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