Shore Capital Reiterates Hold Rating for Oxford Instruments (LON:OXIG)

Shore Capital reaffirmed their hold rating on shares of Oxford Instruments (LON:OXIG) in a research note published on Wednesday, April 11th. Shore Capital currently has a GBX 795 ($11.38) price objective on the stock.

OXIG has been the topic of a number of other research reports. Peel Hunt reissued a buy rating and issued a GBX 1,020 ($14.60) price target on shares of Oxford Instruments in a research note on Monday, April 9th. Barclays dropped their price target on shares of Oxford Instruments from GBX 1,145 ($16.39) to GBX 1,090 ($15.61) and set an overweight rating on the stock in a research note on Monday, December 18th. Jefferies Group raised shares of Oxford Instruments to a hold rating and dropped their price target for the company from GBX 850 ($12.17) to GBX 845 ($12.10) in a research note on Thursday, February 22nd. Liberum Capital reissued a buy rating and issued a GBX 1,100 ($15.75) price target on shares of Oxford Instruments in a research note on Tuesday, March 6th. Finally, JPMorgan Chase dropped their price target on shares of Oxford Instruments from GBX 1,180 ($16.90) to GBX 1,030 ($14.75) and set an overweight rating on the stock in a research note on Tuesday, February 13th. Four research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company has an average rating of Buy and an average price target of GBX 1,001.67 ($14.34).

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Oxford Instruments stock opened at GBX 955.12 ($13.68) on Wednesday. Oxford Instruments has a 1 year low of GBX 680 ($9.74) and a 1 year high of GBX 1,174 ($16.81).

In related news, insider Ian Barkshire purchased 6,000 shares of Oxford Instruments stock in a transaction dated Thursday, March 1st. The shares were acquired at an average price of GBX 753 ($10.78) per share, for a total transaction of £45,180 ($64,690.72). Also, insider Gavin Hill purchased 235 shares of Oxford Instruments stock in a transaction dated Friday, April 6th. The shares were bought at an average price of GBX 763 ($10.92) per share, for a total transaction of £1,793.05 ($2,567.37). Insiders acquired a total of 7,235 shares of company stock worth $5,573,305 in the last 90 days.

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About Oxford Instruments

Oxford Instruments plc, through its subsidiaries, researches, develops, manufactures, rents, sells, and services tools and systems in the United States, rest of Europe, rest of Asia, the United Kingdom, Japan, China, Germany, and internationally. The company's Nanotechnology Tools segment provides high performance scientific imaging cameras, spectroscopy solutions, and microscopy systems for research and OEM markets; atomic force probe microscopy for materials and bioscience applications; 3D and 4D image visualization and analysis software; and nanoanalysis solutions for materials characterization and nanofabrication on scanning electron microscopes, focussed ion beams, and transmission electron microscopes.

Analyst Recommendations for Oxford Instruments (LON:OXIG)

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