Berenberg Bank set a €41.00 ($47.67) price objective on Osram Licht (FRA:OSR) in a research report released on Monday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Several other research analysts also recently commented on OSR. Nord/LB set a €39.00 ($45.35) price target on Osram Licht and gave the stock a neutral rating in a research report on Monday, October 7th. Independent Research set a €41.00 ($47.67) price objective on Osram Licht and gave the company a neutral rating in a research report on Wednesday, November 13th. Commerzbank set a €39.50 ($45.93) price objective on shares of Osram Licht and gave the stock a neutral rating in a research note on Thursday, August 22nd. Morgan Stanley set a €29.00 ($33.72) target price on shares of Osram Licht and gave the stock a neutral rating in a research report on Tuesday, October 8th. Finally, UBS Group set a €35.00 ($40.70) target price on shares of Osram Licht and gave the company a neutral rating in a research note on Tuesday, November 12th. Eleven equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Osram Licht presently has an average rating of Hold and an average price target of €37.46 ($43.56).
FRA OSR opened at €38.35 ($44.59) on Monday. The stock has a 50-day simple moving average of €39.87 and a 200 day simple moving average of €34.93. Osram Licht has a twelve month low of €54.80 ($63.72) and a twelve month high of €79.42 ($92.35).
Osram Licht Company Profile
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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