Oxford Instruments plc 0.8% Potential Upside Indicated by JP Morgan Cazenove

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Oxford Instruments plc with EPIC/TICKER (LON:OXIG) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ today by analysts at JP Morgan Cazenove. Oxford Instruments plc are listed in the Industrials sector within UK Main Market. JP Morgan Cazenove have set a target price of 1462 GBX on its stock. This now indicates the analyst believes there is a possible upside of .8% from the opening price of 1450 GBX. Over the last 30 and 90 trading days the company share price has increased 186 points and increased 140 points respectively. The 52 week high share price is 1504 GBX while the 52 week low is 813 GBX.

Oxford Instruments plc has a 50 day moving average of 1,317.31 GBX and a 200 day moving average of 1,215.23. There are currently 57,377,854 shares in issue with the average daily volume traded being 59,662. Market capitalisation for LON:OXIG is £854,930,024 GBP.

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    Oxford Instruments plc (LON:OXIG) has entered into an agreement to acquire FemtoTools AG, a developer of nanoindentation instruments, adding to its imaging & analysis division.

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