Oxford Instruments plc 10.3% potential upside indicated by Berenberg Bank

Oxford Instruments plc with ticker (LON:OXIG) now has a potential upside of 10.3% according to Berenberg Bank.



Berenberg Bank set a target price of 3,100 GBX for the company, which when compared to the Oxford Instruments plc share price of 2,810 GBX at opening today (09/05/2023) indicates a potential upside of 10.3%. Trading has ranged between 1,686 (52 week low) and 2,819 (52 week high) with an average of 154,230 shares exchanging hands daily. The market capitalisation at the time of writing is £1,604,420,010.

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 operates through three segments: Materials & Characterisation, Research & Discovery and Service & Healthcare. The Materials & Characterisation segment is focused on applied research and development (R&D) and commercial customers, enabling the fabrication and characterization of materials and devices down to the atomic scale. The Research & Discovery segment is engaged in providing advanced solutions that create environments and enable measurements down to the molecular and atomic levels, which are used in fundamental research. The Service & Healthcare segment provides customer service and support for its products and the service of third-party healthcare imaging systems. Its products include Atomic Force Microscopy, Electron Microscopy, Deposition & Etch Tools, Low Temperature Systems and others.