Osram Licht (FRA:OSR) has been given a €35.00 ($40.70) price objective by analysts at Berenberg Bank in a research report issued to clients and investors on Monday, February 4th. The firm currently has a “neutral” rating on the stock. Berenberg Bank’s price target would indicate a potential downside of 7.89% from the stock’s current price.
A number of other research firms have also recently commented on OSR. JPMorgan Chase & Co. set a €42.00 ($48.84) target price on Osram Licht and gave the company a “neutral” rating in a research note on Thursday, November 22nd. UBS Group set a €37.00 ($43.02) target price on 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 Osram Licht and gave the company a “buy” rating in a research note on Wednesday, January 9th. Morgan Stanley set a €44.00 ($51.16) price target on Osram Licht and gave the company a “buy” rating in a report on Thursday, October 11th. Finally, Nord/LB set a €35.00 ($40.70) price target on Osram Licht and gave the company a “neutral” rating in a report on Friday, January 25th. Twelve equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Osram Licht presently has a consensus rating of “Hold” and a consensus price target of €39.87 ($46.36).
FRA OSR traded down €0.10 ($0.12) during trading hours on Monday, hitting €38.00 ($44.19). 538,601 shares of the company were exchanged. Osram Licht has a 52 week low of €54.80 ($63.72) and a 52 week high of €79.42 ($92.35).
Osram Licht Company Profile
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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