Oxford Instruments plc 15.8% Potential Upside Indicated by Berenberg

Broker Ratings
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Oxford Instruments plc using EPIC/TICKER code (LON:OXIG) has had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘BUY’ today by analysts at Berenberg. Oxford Instruments plc are listed in the Industrials sector within UK Main Market. Berenberg have set their target price at 1825 GBX on its stock. This now indicates the analyst believes there is a possible upside of 15.8% from the opening price of 1576 GBX. Over the last 30 and 90 trading days the company share price has increased 280 points and increased 274 points respectively. The 1 year high stock price is 1672 GBX while the 52 week low for the stock is 839 GBX.

Oxford Instruments plc has a 50 day moving average of 1,384.27 GBX and the 200 Day Moving Average price is recorded at 1,252.08. There are currently 57,377,854 shares in issue with the average daily volume traded being 72,705. Market capitalisation for LON:OXIG is £911,160,321 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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