Jenoptik (ETR:JEN) has been given a €30.00 ($35.29) price objective by Baader Bank in a research report issued to clients and investors on Wednesday, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock. Baader Bank’s target price suggests a potential upside of 13.38% from the stock’s previous close.
JEN has been the topic of a number of other reports. Warburg Research set a €33.00 ($38.82) target price on Jenoptik and gave the stock a “buy” rating in a report on Thursday, March 25th. DZ Bank reiterated a “neutral” rating on shares of Jenoptik in a research report on Thursday, March 25th. Hauck & Aufhaeuser set a €30.00 ($35.29) price target on Jenoptik and gave the company a “buy” rating in a research report on Tuesday, March 30th. Kepler Capital Markets set a €32.50 ($38.24) price target on Jenoptik and gave the company a “buy” rating in a research report on Thursday, February 18th. Finally, Independent Research set a €27.50 ($32.35) price target on Jenoptik and gave the company a “neutral” rating in a research report on Tuesday, March 30th. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of €28.43 ($33.45).
ETR:JEN traded up €0.46 ($0.54) during mid-day trading on Wednesday, reaching €26.46 ($31.13). 124,934 shares of the stock were exchanged, compared to its average volume of 191,081. The business has a fifty day moving average price of €26.89 and a 200 day moving average price of €25.29. The firm has a market capitalization of $1.51 billion and a PE ratio of 36.25. Jenoptik has a 1-year low of €14.95 ($17.59) and a 1-year high of €30.22 ($35.55). The company has a current ratio of 1.18, a quick ratio of 0.71 and a debt-to-equity ratio of 39.06.
Jenoptik Company Profile
Jenoptik AG engages in the photonics business in Germany and internationally. The company operates through Light & Optics, Light & Production, and Light & Safety segments. It offers automation solutions and application products, such as welding and fastening systems, material handling, transfer devices and systems, fixtures, end of arm tooling, and positioners; develops and manufactures metrology solutions, comprising dimensional, form, in-process, optical, optical surface inspection, and roughness and contour metrology, as well as laser distance sensors for monitoring and optimizing production processes; microscope and thermographic camera, imaging modules, polymer-based camera modules, and digital imaging platforms; and diode and solid state lasers, laser distance meters, laser machines, and objective lenses and beam expanders for laser perforation, laser cutting, and laser welding applications.
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