Oxford Instruments plc -13.3% potential downside indicated by Jefferies

Oxford Instruments plc with ticker (LON:OXIG) now has a potential downside of -13.3% according to Jefferies.

OXIG.L

Jefferies set a target price of 2,240 GBX for the company, which when compared to the Oxford Instruments plc share price of 2,585 GBX at opening today (21/06/2024) indicates a potential downside of -13.3%. Trading has ranged between 1,634 (52 week low) and 2,850 (52 week high) with an average of 88,042 shares exchanging hands daily. The market capitalisation at the time of writing is £1,524,752,337.

Oxford Instruments plc is a provider of high technology products and services to industry and scientific research communities. The Company’s segments include 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 level, which are used in fundamental research. The Service & Healthcare segment provides customer service and support for the Company’s products and the service of third-party healthcare imaging systems. Its products include Atomic Force Microscopy, Electron Microscopy, Deposition Tools, Etch Tools, Low Temperature Systems and others. It also offers a scientific camera.