Baader Bank Analysts Give Jenoptik AG (JEN) a €26.00 Price Target
Jenoptik AG (ETR:JEN) has been assigned a €26.00 ($30.59) price target by stock analysts at Baader Bank in a research note issued to investors on Friday. The brokerage presently has a “neutral” rating on the stock.
A number of other research analysts also recently commented on JEN. DZ Bank AG reiterated a “buy” rating on shares of Jenoptik AG in a report on Thursday, June 29th. HSBC Holdings plc set a €22.00 ($25.88) target price on Jenoptik AG and gave the company a “neutral” rating in a research report on Friday, June 30th. Warburg Research set a €26.50 ($31.18) target price on Jenoptik AG and gave the company a “buy” rating in a research report on Tuesday, August 1st. Deutsche Bank AG set a €21.00 ($24.71) target price on Jenoptik AG and gave the company a “neutral” rating in a research report on Monday, August 7th. Finally, Oddo Securities set a €25.50 ($30.00) target price on Jenoptik AG and gave the company a “neutral” rating in a research report on Thursday, August 10th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of €24.06 ($28.31).
Shares of Jenoptik AG (ETR:JEN) opened at 28.985 on Friday. The firm has a market cap of €1.66 billion and a P/E ratio of 28.641. Jenoptik AG has a 12-month low of €14.52 and a 12-month high of €29.90. The company’s 50 day moving average price is €25.68 and its 200-day moving average price is €24.39.
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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