Osram Licht (FRA:OSR) Given a €41.00 Price Target at Independent Research

Osram Licht (FRA:OSR) has been given a €41.00 ($47.67) price objective by equities research analysts at Independent Research in a research note issued to investors on Monday, Borsen Zeitung reports. The firm presently has a “neutral” rating on the stock. Independent Research’s price objective suggests a potential upside of 2.30% from the stock’s current price.

A number of other equities research analysts have also weighed in on OSR. Kepler Capital Markets set a €35.00 ($40.70) price objective on shares of Osram Licht and gave the company a “neutral” rating in a report on Thursday, June 27th. Nord/LB set a €39.00 ($45.35) price objective on shares of Osram Licht and gave the company a “neutral” rating in a report on Monday, October 7th. Berenberg Bank set a €35.00 ($40.70) price objective on shares of Osram Licht and gave the company a “neutral” rating in a report on Friday, August 9th. Metzler set a €35.00 ($40.70) price objective on shares of Osram Licht and gave the company a “neutral” rating in a report on Wednesday, July 24th. Finally, Commerzbank set a €39.50 ($45.93) price target on shares of Osram Licht and gave the company a “neutral” rating in a report on Thursday, August 22nd. Twelve equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Osram Licht has an average rating of “Hold” and an average target price of €36.78 ($42.77).

Shares of OSR traded down €0.07 ($0.08) during trading hours on Monday, reaching €40.08 ($46.60). 705,455 shares of the company traded hands. Osram Licht has a 12-month low of €54.80 ($63.72) and a 12-month high of €79.42 ($92.35). The business has a fifty day moving average price of €38.43 and a 200-day moving average price of €32.83.

About Osram Licht

OSRAM Licht AG provides various lighting products and solutions worldwide. It operates through three segments: Opto Semiconductors, Specialty Lighting, and Lighting Solutions & Systems. The company manufactures light-emitting diodes (LEDs) that are used in general lighting, automotive, consumer, and industrial applications, as well as infrared, laser, and optical sensors for the automotive, smartphone, wearable, general lighting, industrial lighting, and projection sectors, as well as lighting for plants.

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Analyst Recommendations for Osram Licht (FRA:OSR)

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