Osram Licht (FRA:OSR) received a €31.00 ($36.05) target price from stock analysts at Morgan Stanley in a research report issued to clients and investors on Tuesday, Borsen Zeitung reports. The firm currently has a “neutral” rating on the stock. Morgan Stanley’s price objective would indicate a potential downside of 31.14% from the stock’s current price.
OSR has been the topic of a number of other research reports. UBS Group set a €35.00 ($40.70) price objective on shares of Osram Licht and gave the stock a “neutral” rating in a research report on Tuesday, November 12th. Berenberg Bank set a €41.00 ($47.67) target price on Osram Licht and gave the company a “neutral” rating in a research report on Monday, December 2nd. Nord/LB set a €41.00 ($47.67) price target on Osram Licht and gave the stock a “sell” rating in a research note on Tuesday, December 10th. Finally, Independent Research set a €45.00 ($52.33) price target on Osram Licht and gave the stock a “neutral” rating in a report on Wednesday, January 8th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and two have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of €36.58 ($42.53).
OSR traded up €0.15 ($0.17) during midday trading on Tuesday, hitting €45.02 ($52.35). The company had a trading volume of 40,231 shares. Osram Licht has a 52 week low of €54.80 ($63.72) and a 52 week high of €79.42 ($92.35). The stock’s 50 day moving average price is €42.78 and its 200 day moving average price is €38.23.
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.
Featured Article: Cost of Goods Sold (COGS)
Receive News & Ratings for Osram Licht Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Osram Licht and related companies with MarketBeat.com's FREE daily email newsletter.