Jenoptik AG (ETR:JEN) has been assigned a €22.00 ($25.88) price objective by equities researchers at Baader Bank in a report released on Wednesday. The brokerage presently has a “neutral” rating on the stock.
Other analysts have also recently issued reports about the company. DZ Bank AG restated a “buy” rating on shares of Jenoptik AG in a research report on Thursday, June 29th. Kepler Capital Markets set a €27.50 ($32.35) target price on Jenoptik AG and gave the company a “buy” rating in a research report on Monday, May 29th. 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. 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 Monday, May 29th. 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 Saturday, May 20th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the company’s stock. Jenoptik AG has a consensus rating of “Hold” and an average price target of €23.56 ($27.72).
Shares of Jenoptik AG (ETR:JEN) opened at 23.441 on Wednesday. Jenoptik AG has a 12 month low of €14.52 and a 12 month high of €26.85. The company has a 50-day moving average price of €23.49 and a 200-day moving average price of €23.20. The stock has a market cap of €1.34 billion and a price-to-earnings ratio of 23.163.
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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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