Jenoptik (ETR:JEN) Given a €29.00 Price Target at Baader Bank
Baader Bank set a €29.00 ($33.72) price objective on Jenoptik (ETR:JEN) in a research report sent to investors on Tuesday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Several other equities research analysts have also issued reports on JEN. Kepler Capital Markets set a €25.00 ($29.07) target price on shares of Jenoptik and gave the stock a neutral rating in a research note on Tuesday. HSBC set a €23.00 ($26.74) target price on shares of Jenoptik and gave the stock a neutral rating in a research note on Friday, September 27th. Hauck & Aufhaeuser set a €31.50 ($36.63) target price on shares of Jenoptik and gave the stock a buy rating in a research note on Friday, November 8th. Deutsche Bank set a €25.00 ($29.07) price target on shares of Jenoptik and gave the company a neutral rating in a research note on Wednesday, August 14th. Finally, Warburg Research set a €32.00 ($37.21) price target on shares of Jenoptik and gave the company a buy rating in a research note on Monday, October 7th. Six research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company presently has a consensus rating of Hold and an average price target of €27.53 ($32.01).
Shares of JEN stock traded down €0.28 ($0.33) during mid-day trading on Tuesday, hitting €27.94 ($32.49). 178,717 shares of the stock were exchanged, compared to its average volume of 191,081. The firm has a fifty day moving average of €24.83 and a 200 day moving average of €26.09. The company has a quick ratio of 1.10, a current ratio of 2.02 and a debt-to-equity ratio of 26.78. Jenoptik has a 52-week low of €20.05 ($23.31) and a 52-week high of €36.80 ($42.79). The company has a market cap of $1.60 billion and a PE ratio of 20.44.
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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