The Oxford Instruments share price – where next?
The Oxford Instruments (LON:OXIG) share price has risen by 8.75% over the past month and it’s currently trading at 1128p. For investors considering whether to buy, hold or sell the stock, the question now is whether this price run will continue.
According to the company’s analysts, there are certainly reasons to think it will continue to perform well in 2019. In terms of trading recommendations, Oxford Instruments currently has:
- 4 Buy recommendations
- 3 Hold recommendations
- 0 Sell recommendations
This suggests that analysts are generally positive about the outlook.
Interestingly, at its current price, shares in Oxford Instruments are trading at a discount of -3.06% to its 52 week high price. The 1-year performance of the shares has been 20.7%.
There are all sorts of factors that could affect Oxford Instruments's share price this year – we simplify them into easy to understand scores with our Stockopedia StockReport. Click here to take a look at the StockReport for Oxford Instruments – you might discover some surprising things you didn’t know.
While analyst forecasts can be a useful guide to what City 'experts' think about a stock's near term future, they can be unreliable. To get a better idea about the strengths and weaknesses of Oxford Instruments it's worth doing some investigation yourself. Indeed, we've identified some areas of concern with Oxford Instruments that you can find out about here.
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