Warburg Research Analysts Give Jenoptik AG (ETR:JEN) a €26.50 Price Target

Warburg Research set a €26.50 ($31.18) price objective on Jenoptik AG (ETR:JEN) in a research note issued to investors on Tuesday, August 1st. The brokerage currently has a buy rating on the stock.

Several other research firms have also recently issued reports on JEN. Baader Bank set a €22.00 ($25.88) price target on Jenoptik AG and gave the stock a neutral rating in a research note on Thursday, June 29th. DZ Bank AG reissued a buy rating on shares of Jenoptik AG in a research note on Thursday, June 29th. Kepler Capital Markets set a €27.50 ($32.35) price target on Jenoptik AG and gave the stock a buy rating in a research note on Monday, May 29th. Oddo Securities set a €25.50 ($30.00) target price on Jenoptik AG and gave the company a neutral rating in a research note on Monday, May 29th. Finally, Independent Research GmbH set a €22.50 ($26.47) target price on Jenoptik AG and gave the company a sell rating in a research note on Monday, May 29th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company’s stock. Jenoptik AG currently has an average rating of Hold and a consensus price target of €23.50 ($27.65).

Jenoptik AG (ETR JEN) opened at 23.60 on Tuesday. The firm has a market capitalization of €1.35 billion and a PE ratio of 23.32. The stock has a 50 day moving average of €23.45 and a 200-day moving average of €23.06. Jenoptik AG has a one year low of €14.52 and a one year high of €26.85.

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About Jenoptik AG

Jenoptik AG is a Germany-based company engaged in the field of optoelectronics. The group’s activities are divided into three segments: Optics & Life Science, Mobility and Defense & Civil Systems. In the Optics & Life Science segment, the Company specializes in the development and manufacture of micro-optics, optoelectronic modules as well as integrated solutions.

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