Osram Licht (OSR) PT Set at €40.00 by Jefferies Financial Group

Osram Licht (FRA:OSR) has been assigned a €40.00 ($46.51) price target by Jefferies Financial Group in a note issued to investors on Wednesday, Borsen Zeitung reports. The brokerage currently has a “buy” rating on the stock. Jefferies Financial Group’s price target suggests a potential upside of 46.25% from the company’s previous close.

Other equities research analysts have also issued reports about the company. Deutsche Bank set a €48.00 ($55.81) target price on Osram Licht and gave the stock a “buy” rating in a research report on Friday, January 25th. Berenberg Bank set a €38.00 ($44.19) target price on Osram Licht and gave the stock a “neutral” rating in a research report on Thursday, January 24th. JPMorgan Chase & Co. set a €42.00 ($48.84) target price on Osram Licht and gave the stock a “neutral” rating in a research report on Thursday, January 24th. UBS Group set a €37.00 ($43.02) target price on Osram Licht and gave the stock a “neutral” rating in a research report on Thursday, January 24th. Finally, Credit Suisse Group set a €39.00 ($45.35) target price on Osram Licht and gave the stock a “neutral” rating in a research report on Wednesday, January 23rd. Twelve analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of €36.33 ($42.25).

FRA OSR traded down €0.71 ($0.83) during trading hours on Wednesday, hitting €27.35 ($31.80). The company had a trading volume of 1,613,505 shares. Osram Licht has a fifty-two week low of €54.80 ($63.72) and a fifty-two week high of €79.42 ($92.35).

Osram Licht Company Profile

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.

Further Reading: How is the S&P 500 index different from the DJIA?

Analyst Recommendations for Osram Licht (FRA:OSR)

Receive News & Ratings for Osram Licht Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Osram Licht and related companies with MarketBeat.com's FREE daily email newsletter.



Comments


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit