Jenoptik AG (JEN) Given a €22.50 Price Target at Independent Research GmbH
Jenoptik AG (ETR:JEN) has been assigned a €22.50 ($26.47) price objective by stock analysts at Independent Research GmbH in a report released on Thursday. The brokerage presently has a “sell” rating on the stock.
Several other research firms have also recently weighed in on JEN. Baader Bank set a €22.00 ($25.88) price target on shares of Jenoptik AG and gave the stock a “neutral” rating in a report on Thursday, June 29th. DZ Bank AG restated a “buy” rating on shares of Jenoptik AG in a report on Thursday, June 29th. Kepler Capital Markets set a €27.50 ($32.35) price target on shares of Jenoptik AG and gave the stock a “buy” rating in a report on Monday, May 29th. Warburg Research set a €24.00 ($28.24) price target on shares of Jenoptik AG and gave the stock a “neutral” rating in a report on Monday, May 29th. Finally, Oddo Securities set a €25.50 ($30.00) price target on shares of Jenoptik AG and gave the stock a “neutral” rating in a report on Monday, May 29th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the company’s stock. Jenoptik AG currently has a consensus rating of “Hold” and a consensus price target of €23.50 ($27.65).
Jenoptik AG (JEN) opened at 23.354 on Thursday. The firm has a market capitalization of €1.34 billion and a price-to-earnings ratio of 22.542. The company has a 50-day moving average of €23.50 and a 200-day moving average of €22.84. Jenoptik AG has a 52 week low of €14.52 and a 52 week high of €26.85.
About Jenoptik AG
Jenoptik AG is a Germany-based company engaged in the field of optoelectronics. The group’s activities are divided into three segments: Optics & Life Science, Mobility and Defense & Civil Systems. In the Optics & Life Science segment, the Company specializes in the development and manufacture of micro-optics, optoelectronic modules as well as integrated solutions.
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