Oxford Instruments Target Price Raised by JPMorgan Chase & Co.

Oxford Instruments (LON:OXIG) has had its target price raised by JPMorgan Chase & Co. from GBX 3,200 to GBX 3,400 in a research report issued on Thursday.

The firm presently has an 'overweight' rating on the stock, indicating potential for growth.

This is not the only positive forecast for Oxford Instruments, as several other brokerages have also issued reports with target prices ranging from GBX 2,590 to GBX 3,000.

A consensus rating of 'Moderate Buy' and an average target price of GBX 2,815 among analysts suggest a mixed outlook for the company's future performance.