Nord/LB set a €41.00 ($47.67) target price on Osram Licht (FRA:OSR) in a research report sent to investors on Tuesday morning, Borsen Zeitung reports. The firm currently has a sell rating on the stock.
A number of other brokerages also recently commented on OSR. Commerzbank set a €39.50 ($45.93) target price on Osram Licht and gave the company a neutral rating in a research note on Thursday, August 22nd. Independent Research set a €41.00 ($47.67) target price on Osram Licht and gave the company a neutral rating in a research note on Wednesday, November 13th. Morgan Stanley set a €41.00 ($47.67) target price on Osram Licht and gave the company a neutral rating in a research note on Thursday, December 5th. UBS Group set a €35.00 ($40.70) target price on Osram Licht and gave the company a neutral rating in a research note on Tuesday, November 12th. Finally, Berenberg Bank set a €41.00 ($47.67) price target on Osram Licht and gave the stock a neutral rating in a research report on Monday, December 2nd. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and three have issued a buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus target price of €37.89 ($44.06).
Shares of FRA OSR opened at €44.00 ($51.16) on Tuesday. The business’s 50-day moving average price is €40.26 and its two-hundred day moving average price is €35.49. Osram Licht has a one year low of €54.80 ($63.72) and a one year 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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