Berenberg Bank Reiterates “€83.00” Price Target for Osram Licht (OSR)

Osram Licht (FRA:OSR) received a €83.00 ($102.47) price target from equities research analysts at Berenberg Bank in a research report issued on Friday. The firm currently has a “buy” rating on the stock. Berenberg Bank’s price objective would suggest a potential upside of 19.53% from the stock’s previous close.

Other equities research analysts have also recently issued research reports about the stock. Commerzbank set a €76.00 ($93.83) target price on shares of Osram Licht and gave the company a “buy” rating in a research report on Tuesday, November 7th. Jefferies Group set a €90.00 ($111.11) target price on shares of Osram Licht and gave the company a “buy” rating in a research report on Friday, October 6th. set a €76.00 ($93.83) target price on shares of Osram Licht and gave the company a “buy” rating in a research report on Thursday, October 26th. UBS Group set a €86.00 ($106.17) target price on shares of Osram Licht and gave the company a “buy” rating in a research report on Tuesday, October 17th. Finally, Bankhaus Lampe set a €87.00 ($107.41) target price on shares of Osram Licht and gave the company a “buy” rating in a research report on Tuesday, October 10th. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and ten have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of €77.97 ($96.26).

Shares of Osram Licht (FRA:OSR) opened at €69.44 ($85.73) on Friday. The stock has a market cap of $7,320.00 and a PE ratio of 24.89. Osram Licht has a 52-week low of €54.08 ($66.77) and a 52-week high of €79.42 ($98.05).

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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.

Analyst Recommendations for Osram Licht (FRA:OSR)

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