OSRAM Licht (OSR) PT Set at €71.00 by Independent Research

Independent Research set a €71.00 ($84.52) target price on OSRAM Licht (FRA:OSR) in a report published on Thursday morning. The brokerage currently has a neutral rating on the stock.

Other equities analysts have also recently issued research reports about the company. UBS set a €86.00 ($102.38) price target on OSRAM Licht and gave the company a buy rating in a report on Tuesday, November 7th. Berenberg Bank set a €87.00 ($103.57) price target on OSRAM Licht and gave the company a buy rating in a research note on Thursday, September 21st. Commerzbank set a €76.00 ($90.48) price target on OSRAM Licht and gave the company a buy rating in a research note on Wednesday, October 4th. Kepler Capital Markets set a €51.00 ($60.71) price target on OSRAM Licht and gave the company a sell rating in a research note on Monday, August 7th. Finally, Barclays set a €63.00 ($75.00) price target on OSRAM Licht and gave the company a neutral rating in a research note on Monday, August 7th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and ten have given a buy rating to the stock. OSRAM Licht has an average rating of Buy and an average target price of €76.28 ($90.81).

OSRAM Licht (FRA:OSR) opened at €71.64 ($85.29) on Thursday. OSRAM Licht has a twelve month low of €46.91 ($55.85) and a twelve month high of €73.41 ($87.39).

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About OSRAM Licht

OSRAM Licht AG provides various lighting products and solutions worldwide. The company operates through Specialty Lighting, Opto Semiconductors, and Lighting Solutions & Systems segments. The Specialty Lighting segment develops and produces lamps and lighting systems for the automotive sector, studio, stage and TV, and projection system applications, as well as special lamps for industrial and medical applications; produces lamps for disinfecting liquids, surfaces, and gases with UV light; and provides entertainment lighting for shows and events.

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