Independent Research set a €36.75 ($42.73) target price on Osram Licht (FRA:OSR) in a report published on Monday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
OSR has been the topic of a number of other reports. Kepler Capital Markets set a €35.00 ($40.70) target price on Osram Licht and gave the stock a neutral rating in a report on Thursday, June 27th. UBS Group set a €37.00 ($43.02) target price on Osram Licht and gave the stock a neutral rating in a report on Wednesday, May 8th. HSBC set a €24.00 ($27.91) target price on Osram Licht and gave the stock a neutral rating in a report on Friday, June 14th. Jefferies Financial Group set a €40.00 ($46.51) target price on Osram Licht and gave the stock a buy rating in a report on Wednesday, May 15th. Finally, JPMorgan Chase & Co. set a €35.00 ($40.70) target price on Osram Licht and gave the stock a neutral rating in a report on Friday, June 28th. Twelve investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Osram Licht currently has an average rating of Hold and a consensus target price of €36.48 ($42.42).
FRA OSR opened at €34.89 ($40.57) on Monday. The business’s fifty day moving average price is €32.87 and its 200-day moving average price is €32.48. Osram Licht has a 1-year low of €54.80 ($63.72) and a 1-year high of €79.42 ($92.35).
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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