Estimating Oxford Instruments' Fair Value: A 2-Stage DCF Approach

Oxford Instruments plc's (LON:OXIG) fair value is estimated to be UK£22.33 using the 2 Stage Free Cash Flow to Equity model. The share price of UK£18.12 appears to be trading close to its estimated fair value. The fair value estimate is 6.5% lower than Oxford Instruments' analyst price target of UK£23.89.

Based on recent analyst reports, Provident Financial Services (PFS) has received a favorable consensus rating. As of the latest data available, 5 Wall Street analysts have issued ratings for PFS, with 4 buy ratings and 1 strong buy rating [1]. This consensus rating of "Buy" indicates a positive outlook from the analyst community.

The average twelve-month price target for PFS is £22.70, with a high forecast of £24.00 and a low forecast of £21.00. This average price target represents a predicted upside of 13.75% from the current price of £19.96 [1]. The consensus price target is slightly higher than the current fair market value provided by Polygon.io, suggesting that analysts believe PFS is undervalued.

Over the previous 90 days, PFS has been upgraded by analysts once. The stock has been rated by research analysts at DA Davidson, Hovde Group, and Raymond James Financial [1]. Analysts generally like PFS more than its competitors, with a consensus rating of "Buy" compared to the average consensus rating of "Moderate Buy" for finance companies [1].

In conclusion, the analyst consensus on Provident Financial Services is positive, with a "Buy" rating and a predicted upside of 13.75%. Investors should consider this information when making investment decisions.

References:
[1] https://www.marketbeat.com/stocks/NYSE/PFS/forecast/