Oxford Instruments plc Receives Positive Ratings from Analysts

Shares of Oxford Instruments plc (OXIG) continue to draw attention from analysts, with Berenberg Bank reiterating its buy rating and price target of GBX 1,360 ($20.53) on the stock. This guidance follows a series of updates from various analysts, including Investec, Liberum Capital, Numis Securities Ltd, and Beaufort Securities, who have all expressed positive sentiments on the company. Four analysts have issued a hold rating, while five have assigned a buy rating, leading to a consensus rating of Buy and a target price of GBX 1,331.88 ($20.10).

Key Takeaways:

  • Berenberg Bank reiterated its buy rating and price target of GBX 1,360 ($20.53) on shares of Oxford Instruments plc.
  • Investec lowered its price target on shares of Oxford Instruments plc from GBX 1,300 ($19.62) to GBX 1,280 ($19.32) but maintained a buy rating.
  • Liberum Capital and Beaufort Securities reiterated their buy ratings on shares of Oxford Instruments plc, while Numis Securities Ltd maintained an add rating.
  • Oxford Instruments plc has a consensus rating of Buy and a target price of GBX 1,331.88 ($20.10).
  • The company operates in three segments: Nanotechnology Tools, Industrial Products, and Service.
  • Oxford Instruments plc's market capitalization is £623.6 million.

Statistics:

  • GBX 1,360: Berenberg Bank's price target on shares of Oxford Instruments plc.
  • GBX 1,300: Investec's previous price target on shares of Oxford Instruments plc.
  • GBX 1,280: Investec's revised price target on shares of Oxford Instruments plc.
  • GBX 1,331.88: Oxford Instruments plc's consensus rating and target price.
  • £623.6 million: Oxford Instruments plc's market capitalization.
  • 59,127: Number of shares of Oxford Instruments plc traded on Friday.
  • 0.27%: Decline in shares of Oxford Instruments plc on Friday.

Sources:

  • Berenberg Bank
  • Investec
  • Liberum Capital
  • Numis Securities Ltd
  • Beaufort Securities
  • Oxford Instruments plc
  • Global Data Point, 2014