Osram Licht (FRA:OSR) Given a €39.00 Price Target by Nord/LB Analysts

Nord/LB set a €39.00 ($45.35) target price on Osram Licht (FRA:OSR) in a research note published on Monday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

A number of other research firms have also recently issued reports on OSR. HSBC set a €24.00 ($27.91) price objective on Osram Licht and gave the stock a neutral rating in a report on Friday, June 14th. Commerzbank set a €39.50 ($45.93) price objective on Osram Licht and gave the stock a neutral rating in a report on Thursday, August 22nd. Metzler set a €35.00 ($40.70) price objective on Osram Licht and gave the stock a neutral rating in a report on Wednesday, July 24th. Berenberg Bank set a €35.00 ($40.70) price objective on Osram Licht and gave the stock a neutral rating in a report on Friday, August 9th. Finally, Kepler Capital Markets set a €35.00 ($40.70) price objective on Osram Licht and gave the stock a neutral rating in a report on Thursday, June 27th. Twelve equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company has a consensus rating of Hold and a consensus target price of €36.75 ($42.73).

OSR opened at €38.77 ($45.08) on Monday. The stock has a 50-day moving average price of €38.11 and a 200-day moving average price of €32.62. Osram Licht has a 12-month low of €54.80 ($63.72) and a 12-month high of €79.42 ($92.35).

About Osram Licht

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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Analyst Recommendations for Osram Licht (FRA:OSR)

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