Peel Hunt Reiterates “Hold” Rating for Oxford Instruments plc (OXIG)
Oxford Instruments plc (LON:OXIG)‘s stock had its “hold” rating reaffirmed by equities researchers at Peel Hunt in a note issued to investors on Tuesday. They currently have a GBX 1,020 ($13.46) price target on the stock. Peel Hunt’s price objective would suggest a potential upside of 7.31% from the company’s current price.
A number of other equities research analysts have also recently issued reports on the stock. Jefferies Group LLC lifted their price target on shares of Oxford Instruments plc from GBX 575 ($7.59) to GBX 850 ($11.22) and gave the company an “underperform” rating in a research note on Tuesday, September 26th. J P Morgan Chase & Co restated an “overweight” rating and issued a GBX 1,180 ($15.57) price objective on shares of Oxford Instruments plc in a report on Wednesday, September 13th. Shore Capital restated a “hold” rating on shares of Oxford Instruments plc in a report on Tuesday, September 12th. Berenberg Bank restated a “hold” rating on shares of Oxford Instruments plc in a report on Wednesday, September 6th. Finally, Barclays PLC restated an “overweight” rating and issued a GBX 1,145 ($15.11) price objective on shares of Oxford Instruments plc in a report on Thursday, August 17th. One analyst has rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the company. Oxford Instruments plc has a consensus rating of “Hold” and an average target price of GBX 1,028.75 ($13.58).
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Oxford Instruments plc 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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