Societe Generale Reiterates “€90.00” Price Target for OSRAM Licht (OSR)

Societe Generale set a €90.00 ($107.14) target price on OSRAM Licht (FRA:OSR) in a report released on Tuesday morning. The brokerage currently has a buy rating on the stock.

OSR has been the topic of a number of other reports. UBS Group set a €86.00 ($102.38) price objective on OSRAM Licht and gave the company a buy rating in a report on Monday, September 25th. Morgan Stanley set a €54.50 ($64.88) price objective on OSRAM Licht and gave the company a sell rating in a report on Thursday, December 7th. Berenberg Bank set a €83.00 ($98.81) price objective on OSRAM Licht and gave the company a buy rating in a report on Wednesday, December 6th. Commerzbank set a €76.00 ($90.48) target price on OSRAM Licht and gave the stock a buy rating in a research note on Wednesday, October 18th. Finally, Jefferies Group set a €90.00 ($107.14) target price on OSRAM Licht and gave the stock a buy rating in a research note on Friday, October 6th. Three analysts have rated the stock with a sell rating, four have assigned a hold rating and ten have issued a buy rating to the company. The company has an average rating of Hold and an average price target of €76.97 ($91.63).

OSRAM Licht (FRA OSR) traded down €0.56 ($0.67) during trading on Tuesday, reaching €78.00 ($92.86). 284,422 shares of the company were exchanged. The firm has a market cap of $8,120.00 and a price-to-earnings ratio of 27.96. OSRAM Licht has a 1 year low of €49.69 ($59.15) and a 1 year high of €79.42 ($94.55).

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OSRAM Licht Company Profile

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.

Analyst Recommendations for OSRAM Licht (FRA:OSR)

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