OSRAM Licht (OSR) Given a €83.00 Price Target at Berenberg Bank
Several other research analysts have also recently weighed in on the stock. J P Morgan Chase & Co set a €59.00 ($70.24) price target on shares of OSRAM Licht and gave the stock a neutral rating in a report on Wednesday, November 15th. Jefferies Group set a €90.00 ($107.14) price target on shares of OSRAM Licht and gave the stock a buy rating in a report on Friday, October 6th. UBS set a €86.00 ($102.38) price target on shares of OSRAM Licht and gave the stock a buy rating in a report on Monday, September 25th. Nord/LB set a €70.00 ($83.33) target price on OSRAM Licht and gave the company a neutral rating in a research note on Tuesday, November 21st. Finally, Independent Research set a €71.00 ($84.52) target price on OSRAM Licht and gave the company a neutral rating in a research note on Tuesday, October 10th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and ten have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and an average target price of €76.28 ($90.81).
OSRAM Licht (FRA:OSR) traded up €2.25 ($2.68) on Wednesday, reaching €71.26 ($84.83). The company had a trading volume of 382,150 shares. OSRAM Licht has a 1-year low of €47.00 ($55.95) and a 1-year high of €73.41 ($87.39).
OSRAM Licht AG provides various lighting products and solutions worldwide. The company operates through Specialty Lighting, Opto Semiconductors, and Lighting Solutions & Systems segments. The Specialty Lighting segment develops and produces lamps and lighting systems for the automotive sector, studio, stage and TV, and projection system applications, as well as special lamps for industrial and medical applications; produces lamps for disinfecting liquids, surfaces, and gases with UV light; and provides entertainment lighting for shows and events.
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