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

Oxford Instruments (LON:OXIG)‘s stock had its “buy” rating reaffirmed by research analysts at Deutsche Bank Aktiengesellschaft in a research report issued to clients and investors on Thursday, Marketbeat reports. They currently have a GBX 95 ($1.20) target price on the stock. Deutsche Bank Aktiengesellschaft’s target price would indicate a potential downside of 95.48% from the stock’s previous close.

Separately, Berenberg Bank decreased their price target on shares of Oxford Instruments from GBX 2,925 ($36.96) to GBX 2,830 ($35.75) and set a “buy” rating for the company in a research note on Tuesday, November 12th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,978.75 ($25.00).

Oxford Instruments Price Performance

OXIG opened at GBX 2,100 ($26.53) on Thursday. The company has a current ratio of 1.64, a quick ratio of 1.11 and a debt-to-equity ratio of 12.96. The company has a market cap of £1.21 billion, a price-to-earnings ratio of 23.85, a price-to-earnings-growth ratio of -3.56 and a beta of 0.96. The stock has a fifty day simple moving average of GBX 2,066.30 and a two-hundred day simple moving average of GBX 2,111.60. Oxford Instruments has a 12-month low of GBX 1,864.48 ($23.56) and a 12-month high of GBX 2,765 ($34.93).

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.