Gavin Hill Acquires 235 Shares of Oxford Instruments plc (OXIG) Stock

Oxford Instruments plc (LON:OXIG) insider Gavin Hill acquired 235 shares of the company’s stock in a transaction on Friday, April 6th. The stock was acquired at an average cost of GBX 763 ($10.71) per share, for a total transaction of £1,793.05 ($2,516.91).

LON OXIG opened at GBX 776 ($10.89) on Monday. Oxford Instruments plc has a 1-year low of GBX 680 ($9.55) and a 1-year high of GBX 1,174 ($16.48).

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OXIG has been the topic of several research analyst reports. Peel Hunt reissued a “hold” rating and issued a GBX 1,020 ($14.32) price objective on shares of Oxford Instruments in a report on Tuesday, February 27th. Liberum Capital raised Oxford Instruments to a “buy” rating and set a GBX 1,100 ($15.44) price objective on the stock in a report on Friday, January 12th. Barclays dropped their price objective on Oxford Instruments from GBX 1,145 ($16.07) to GBX 1,090 ($15.30) and set an “overweight” rating on the stock in a report on Monday, December 18th. Jefferies Group raised Oxford Instruments to a “hold” rating and dropped their price objective for the company from GBX 850 ($11.93) to GBX 845 ($11.86) in a report on Thursday, February 22nd. Finally, JPMorgan Chase dropped their price objective on Oxford Instruments from GBX 1,180 ($16.56) to GBX 1,030 ($14.46) and set an “overweight” rating on the stock in a report on Tuesday, February 13th. Four research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of GBX 1,027.50 ($14.42).

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Oxford Instruments Company Profile

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.

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