Osram Licht (OSAGF) Receives New Coverage from Analysts at Credit Suisse Group

Credit Suisse Group assumed coverage on shares of Osram Licht (OTCMKTS:OSAGF) in a report released on Friday. The brokerage issued a neutral rating on the stock.

Several other equities analysts have also recently weighed in on OSAGF. DZ Bank reissued a neutral rating on shares of Osram Licht in a research report on Wednesday, August 1st. Zacks Investment Research raised Osram Licht from a strong sell rating to a buy rating and set a $51.00 price objective for the company in a research report on Tuesday, September 11th.

OTCMKTS OSAGF opened at $36.99 on Friday. Osram Licht has a twelve month low of $36.99 and a twelve month high of $94.25. The stock has a market cap of $4.19 billion, a P/E ratio of 9.92, a price-to-earnings-growth ratio of 0.78 and a beta of 1.78.

Osram Licht (OTCMKTS:OSAGF) last posted its quarterly earnings data on Wednesday, August 1st. The company reported $0.39 earnings per share for the quarter. Osram Licht had a return on equity of 10.31% and a net margin of 4.40%. The business had revenue of $1.21 billion during the quarter. Analysts forecast that Osram Licht will post 3.42 earnings per share for the current fiscal year.

Osram Licht Company Profile

OSRAM Licht AG provides various lighting products and solutions worldwide. The company operates through Specialty Lighting, Opto Semiconductors, and Lighting Solutions & Systems segments. The Specialty Lighting segment develops and produces lamps and lighting systems for the automotive sector, studio, stage and TV, and projection system applications, as well as special lamps for industrial and medical applications; produces lamps for disinfecting liquids, surfaces, and gases with UV light.

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