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Oxford Instruments PLC (LON:OXIG) target price held steady at 700.00GBX, issued a report today by Berenberg

Yesterday Oxford Instruments PLC (LON:OXIG) traded 1.49% higher at 740.00GBX. The company’s 50-day moving average is 745.22GBX and its 200-day moving average is 708.25GBX. The last closing price is up 5.61% from the 200-day moving average, compared to the S&P 500 which has increased 0.06% over the same time. 17,026 shares of the stock were exchanged, down from an average trading volume of 47,109

Oxford Instruments PLC (LON:OXIG) had its target price hold steady to 700.00GBX by Berenberg in a report released 2/9/2017. The new target price indicates a possible downside of -0.05% based on the company's last closing price.

Previously on 1/16/2017, Barclays Capital reported on Oxford Instruments PLC (LON:OXIG) raised the target price from 970.00GBX to 1,070.00GBX. At the time, this indicated a possible upside of 0%.

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Oxford Instruments PLC (LON:OXIG)

Oxford Instruments PLC has a 52 week low of 610.00GBX and a 52 week high of 810.00GBX with a P/E ratio of 118.73 The company’s market cap is currently 0 GBX.

In addition to Berenberg reporting its target price, a total of 8 brokers have issued a report on the stock. The consensus target price is 730.50GBX with 2 brokers rating the stock a strong buy, 2 brokers rating the stock a buy, 3 brokers rating the stock a hold, 2 brokers rating the stock a underperform, and finally 1 broker rating the stock a sell.

General Information About Oxford Instruments PLC (LON:OXIG)

Oxford Instruments plc is a provider of technology tools and systems for industry and research. The Company operates through three segments: Nanotechnology Tools, Industrial Products and Service. The Nanotechnology Tools segment offers technology products serving research customers in both the public and private sectors. The Industrial Products segment contains a group of businesses supplying technology products and components manufactured in medium volume for industrial customers. The Service segment contains the Company's service, rental and refurbished asset sales business. Its NanoAnalysis business delivers solutions and services that enable materials characterization and sample manipulation at the nano scale. Its products are used on electron microscopes and ion-beam systems in academic institutions and industrial applications, including semi-conductors, renewable energy, mining, metallurgy and forensics. Its products include AZtecOne and X-Max Extreme detector, among others.

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