Brokerages Set Jenoptik AG (JEN) Target Price at $23.56
Shares of Jenoptik AG (ETR:JEN) have been assigned a consensus rating of “Hold” from the nine analysts that are covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and two have assigned a buy recommendation to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is €23.56 ($28.05).
A number of brokerages have weighed in on JEN. Baader Bank set a €22.00 ($26.19) target price on shares of Jenoptik AG and gave the stock a “neutral” rating in a report on Thursday, September 21st. DZ Bank AG reissued a “buy” rating on shares of Jenoptik AG in a report on Tuesday, August 1st. Warburg Research set a €26.50 ($31.55) target price on shares of Jenoptik AG and gave the stock a “buy” rating in a report on Tuesday, August 1st. Kepler Capital Markets set a €27.50 ($32.74) target price on shares of Jenoptik AG and gave the stock a “buy” rating in a report on Tuesday, August 15th. Finally, HSBC Holdings plc set a €22.00 ($26.19) target price on shares of Jenoptik AG and gave the stock a “neutral” rating in a report on Friday, June 30th.
Shares of Jenoptik AG (JEN) traded down 0.004% during midday trading on Friday, reaching €27.408. 1,654 shares of the company traded hands. The firm has a market capitalization of €1.57 billion and a P/E ratio of 27.083. The company has a 50 day moving average of €24.44 and a 200 day moving average of €23.86. Jenoptik AG has a 12 month low of €14.52 and a 12 month high of €27.50.
About Jenoptik AG
Jenoptik AG operates as an integrated photonics company in Germany and internationally. The company's Opticals & Life Science division develops and manufactures micro-optics for beam shaping for use in the semiconductor industry, as well as for laser material processing; and optical systems and components for information and communication, security, and defense technologies.
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