Commerzbank set a €85.00 ($101.19) price objective on OSRAM Licht (FRA:OSR) in a report released on Monday morning. The firm currently has a buy rating on the stock.
A number of other equities research analysts have also weighed in on the stock. Bank of America set a €65.00 ($77.38) price objective on shares of OSRAM Licht and gave the company a sell rating in a report on Tuesday, January 9th. Societe Generale set a €90.00 ($107.14) price objective on shares of OSRAM Licht and gave the company a buy rating in a report on Tuesday, January 9th. Morgan Stanley set a €54.50 ($64.88) price objective on shares of OSRAM Licht and gave the company a sell rating in a report on Wednesday, December 13th. Jefferies Group set a €105.00 ($125.00) price objective on shares of OSRAM Licht and gave the company a buy rating in a report on Monday, December 11th. Finally, UBS Group set a €86.00 ($102.38) price objective on shares of OSRAM Licht and gave the company a buy rating in a report on Friday, December 8th. Three analysts have rated the stock with a sell rating, four have assigned a hold rating and ten have given a buy rating to the stock. OSRAM Licht currently has a consensus rating of Hold and an average price target of €77.50 ($92.26).
Shares of OSRAM Licht (OSR) traded down €0.26 ($0.31) on Monday, hitting €76.06 ($90.55). 1,048 shares of the stock were exchanged. OSRAM Licht has a fifty-two week low of €51.21 ($60.96) and a fifty-two week high of €79.42 ($94.55). The firm has a market cap of $7,970.00 and a price-to-earnings ratio of 27.26.
COPYRIGHT VIOLATION WARNING: This story was first published by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are accessing this story on another website, it was copied illegally and reposted in violation of United States and international copyright and trademark law. The correct version of this story can be accessed at https://www.dispatchtribunal.com/2018/01/16/osram-licht-osr-given-a-85-00-price-target-by-commerzbank-analysts.html.
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; and provides entertainment lighting for shows and events.
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.