Warburg Research set a €32.00 ($37.21) target price on Jenoptik (ETR:JEN) in a research report sent to investors on Wednesday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Several other research analysts also recently weighed in on JEN. DZ Bank restated a neutral rating on shares of Jenoptik in a research note on Tuesday, August 20th. Baader Bank set a €29.00 ($33.72) target price on Jenoptik and gave the stock a neutral rating in a research note on Tuesday, November 12th. Deutsche Bank set a €25.00 ($29.07) target price on Jenoptik and gave the stock a neutral rating in a research note on Wednesday, August 14th. Hauck & Aufhaeuser set a €31.50 ($36.63) target price on Jenoptik and gave the stock a buy rating in a research note on Friday, November 8th. Finally, Independent Research set a €24.20 ($28.14) target price on Jenoptik and gave the stock a neutral rating in a research note on Monday, September 2nd. Six investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company currently has an average rating of Hold and a consensus target price of €27.53 ($32.01).
JEN stock traded down €0.06 ($0.07) on Wednesday, hitting €27.88 ($32.42). 161,216 shares of the company’s stock were exchanged, compared to its average volume of 191,081. Jenoptik has a 12-month low of €20.05 ($23.31) and a 12-month high of €36.80 ($42.79). The firm has a 50 day moving average price of €24.92 and a two-hundred day moving average price of €26.05. The company has a debt-to-equity ratio of 26.78, a quick ratio of 1.10 and a current ratio of 2.02. The stock has a market cap of $1.60 billion and a P/E ratio of 20.40.
Jenoptik AG operates as an integrated photonics company in Germany and internationally. The company's Opticals & Life Science division develops and manufactures micro-optics for beam shaping for use in the semiconductor industry, as well as for laser material processing; and optical systems and components for information and communication, security, and defense technologies.
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