Jenoptik (ETR:JEN) PT Set at €29.00 by Independent Research

Jenoptik (ETR:JEN) has been given a €29.00 ($33.72) target price by research analysts at Independent Research in a research note issued to investors on Friday, Borsen Zeitung reports. The brokerage presently has a “neutral” rating on the stock. Independent Research’s price target points to a potential upside of 8.78% from the company’s current price.

Other analysts have also recently issued reports about the company. DZ Bank reaffirmed a “neutral” rating on shares of Jenoptik in a research report on Wednesday. Baader Bank set a €29.00 ($33.72) price objective on Jenoptik and gave the stock a “buy” rating in a research report on Wednesday. Warburg Research set a €32.00 ($37.21) price objective on Jenoptik and gave the stock a “buy” rating in a research report on Wednesday. Kepler Capital Markets set a €25.00 ($29.07) price objective on Jenoptik and gave the stock a “neutral” rating in a research report on Wednesday. Finally, Deutsche Bank set a €28.00 ($32.56) price objective on Jenoptik and gave the stock a “neutral” rating in a research report on Friday, December 13th. Five research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Jenoptik presently has a consensus rating of “Hold” and an average price target of €28.21 ($32.81).

Jenoptik stock opened at €26.66 ($31.00) on Friday. Jenoptik has a twelve month low of €20.05 ($23.31) and a twelve month high of €36.80 ($42.79). The stock has a 50 day moving average of €25.04 and a two-hundred day moving average of €24.80. The company has a current ratio of 2.08, a quick ratio of 1.19 and a debt-to-equity ratio of 25.33. The stock has a market capitalization of $1.53 billion and a price-to-earnings ratio of 19.60.

About Jenoptik

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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Analyst Recommendations for Jenoptik (ETR:JEN)

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