Oxford Instruments plc 11.5% potential upside indicated by Berenberg Bank

Oxford Instruments plc with ticker (LON:OXIG) now has a potential upside of 11.5% according to Berenberg Bank.



Berenberg Bank set a target price of 2,600 GBX for the company, which when compared to the Oxford Instruments plc share price of 2,300 GBX at opening today (25/11/2021) indicates a potential upside of 11.5%. Trading has ranged between 1,700 (52 week low) and 2,730 (52 week high) with an average of 69,516 shares exchanging hands daily. The market capitalisation at the time of writing is £1,314,634,335.

Oxford Instruments plc is a provider of technology tools and systems for industry and research. The Company operates through two segments: Nanotechnology Tools and Service. The Nanotechnology Tools segment offers technology products serving research customers in both the public and private sectors. 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.