OSRAM Licht (FRA:OSR) has been given a €105.00 ($125.00) price objective by analysts at Jefferies Group in a report released on Monday. The brokerage currently has a “buy” rating on the stock. Jefferies Group’s price objective would suggest a potential upside of 48.35% from the company’s previous close.
A number of other analysts have also issued reports on OSR. Baader Bank set a €65.00 ($77.38) price objective on shares of OSRAM Licht and gave the company a “neutral” rating in a research note on Tuesday, September 5th. Deutsche Bank set a €80.00 ($95.24) price objective on shares of OSRAM Licht and gave the company a “buy” rating in a research note on Thursday, September 21st. Berenberg Bank set a €87.00 ($103.57) price objective on shares of OSRAM Licht and gave the company a “buy” rating in a research note on Thursday, September 21st. UBS set a €86.00 ($102.38) price objective on shares of OSRAM Licht and gave the company a “buy” rating in a research note on Monday, September 25th. Finally, Societe Generale set a €82.00 ($97.62) price objective on shares of OSRAM Licht and gave the company a “buy” rating in a research note on Friday, September 29th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and ten have issued a buy rating to the company. OSRAM Licht has an average rating of “Buy” and a consensus target price of €77.22 ($91.93).
Shares of OSRAM Licht (OSR) opened at €70.78 ($84.26) on Monday. OSRAM Licht has a 12 month low of €47.00 ($55.95) and a 12 month high of €73.41 ($87.39).
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About OSRAM Licht
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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