Osram Licht (FRA:OSR) has been given a €34.00 ($39.53) price target by investment analysts at Berenberg Bank in a research note issued on Friday. The firm presently has a “neutral” rating on the stock. Berenberg Bank’s price objective suggests a potential downside of 2.16% from the company’s previous close.
A number of other research firms have also recently issued reports on OSR. JPMorgan Chase & Co. set a €42.00 ($48.84) price target on shares of Osram Licht and gave the company a “neutral” rating in a report on Thursday, November 22nd. UBS Group set a €37.00 ($43.02) target price on shares of Osram Licht and gave the company a “neutral” rating in a research note on Thursday, December 6th. Bank of America set a €45.00 ($52.33) target price on shares of Osram Licht and gave the company a “buy” rating in a research note on Wednesday, January 9th. Nord/LB set a €35.00 ($40.70) target price on shares of Osram Licht and gave the company a “neutral” rating in a research note on Friday, January 25th. Finally, Commerzbank set a €43.00 ($50.00) target price on shares of Osram Licht and gave the company a “neutral” rating in a research note on Wednesday, November 28th. Twelve research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of €39.80 ($46.28).
OSR stock opened at €34.75 ($40.41) on Friday. Osram Licht has a 52-week low of €54.80 ($63.72) and a 52-week high of €79.42 ($92.35).
OSRAM Licht AG provides various lighting products and solutions worldwide. It operates through three segments: Opto Semiconductors, Specialty Lighting, and Lighting Solutions & Systems. The company manufactures light-emitting diodes (LEDs) that are used in general lighting, automotive, consumer, and industrial applications, as well as infrared, laser, and optical sensors for the automotive, smartphone, wearable, general lighting, industrial lighting, and projection sectors, as well as lighting for plants.
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