Osram Licht (FRA:OSR) received a €46.00 ($53.49) price objective from equities researchers at Deutsche Bank in a research note issued to investors on Tuesday. The firm currently has a “buy” rating on the stock. Deutsche Bank’s price target indicates a potential upside of 15.00% from the stock’s current price.
Several other research analysts have also issued reports on the company. Independent Research set a €36.00 ($41.86) price target on Osram Licht and gave the stock a “neutral” rating in a research report on Monday. Nord/LB set a €35.00 ($40.70) target price on Osram Licht and gave the stock a “neutral” rating in a report on Friday, February 8th. UBS Group set a €37.00 ($43.02) target price on Osram Licht and gave the stock a “neutral” rating in a report on Thursday, February 7th. Kepler Capital Markets set a €34.50 ($40.12) target price on Osram Licht and gave the stock a “sell” rating in a report on Thursday, February 7th. Finally, JPMorgan Chase & Co. set a €42.00 ($48.84) target price on Osram Licht and gave the stock a “neutral” rating in a report on Thursday, February 7th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and four have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of €39.70 ($46.16).
FRA:OSR opened at €40.00 ($46.51) on Tuesday. Osram Licht has a 12-month low of €54.80 ($63.72) and a 12-month high of €79.42 ($92.35).
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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