Oxford Instruments plc -1.3% potential downside indicated by Berenberg Bank

Oxford Instruments plc with ticker (LON:OXIG) now has a potential downside of -1.3% according to Berenberg Bank.



Berenberg Bank set a target price of 2,000 GBX for the company, which when compared to the Oxford Instruments plc share price of 2,025 GBX at opening today (11/07/2022) indicates a potential downside of -1.3%. Trading has ranged between 1,600 (52 week low) and 2,830 (52 week high) with an average of 102,591 shares exchanging hands daily. The market capitalisation at the time of writing is £1,132,402,123.

Oxford Instruments plc is a United Kingdom-based provider of high technology products and services to the various industrial companies and scientific research communities. The Company’s businesses include Andor, Asylum Research, Imaris, Magnetic Resonance, Nano Analysis, NanoScience, Plasma Technology, WITec and X-Ray Technology. The Company’s products include Atomic Force Microscopy; Electron Microscopy, Deposition & Etch Tools, Low Temperature Systems, Optical Imaging, Nuclear Magnetic Resonance, Modular Optical Spectroscopy, Raman Microscopy and X-Ray. The Company’s applications include Advanced Manufacturing; Agriculture & Food; Astronomy; Automotive & Aerospace; Bio Imaging & Life Science; Chemical & Catalysis; Energy Generation & Storage; Forensics & Environment; Geology, Petrology & Mining; Metals, Alloys, Composites & Ceramics; Pharma; Photonics; Polymers; Quantum Technologies; and Semiconductors, Microelectronics and Data Storage.