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Oxford Instruments ( (GB:OXIG) ) just unveiled an announcement.
Oxford Instruments has announced the sale of its quantum-focused business, NanoScience, to Quantum Design, International Inc. for £60 million. This strategic divestment allows Oxford Instruments to concentrate on its core markets of materials analysis, semiconductors, and healthcare & life sciences, aligning with its strategy to enhance shareholder value and meet medium-term margin targets. The sale is expected to complete in the third quarter of FY2025/26, subject to regulatory approvals, and will enable a £50 million share buyback, reflecting the company’s strong balance sheet and capital allocation policy.
The most recent analyst rating on (GB:OXIG) stock is a Hold with a £2240.00 price target. To see the full list of analyst forecasts on Oxford Instruments stock, see the GB:OXIG Stock Forecast page.
Spark’s Take on GB:OXIG Stock
According to Spark, TipRanks’ AI Analyst, GB:OXIG is a Neutral.
Oxford Instruments’ overall score is driven by its strong financial health, characterized by consistent revenue growth and robust profitability. However, the bearish technical indicators suggest caution in the short term. The stock is reasonably valued, which supports a moderate overall score.
To see Spark’s full report on GB:OXIG stock, click here.
More about Oxford Instruments
Oxford Instruments is a global leader in scientific technology, providing market-leading products and expertise in materials analysis, semiconductors, and healthcare & life sciences. Founded in 1959 as the first technology business spun out from Oxford University, it is now a FTSE250 company listed on the London Stock Exchange. The company focuses on innovation to drive growth and success, supporting breakthroughs for a greener, healthier, and more productive world.
Average Trading Volume: 153,258
Technical Sentiment Signal: Sell
Current Market Cap: £1.05B
See more data about OXIG stock on TipRanks’ Stock Analysis page.
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