UBS Group Reiterates €37.00 Price Target for Osram Licht (OSR)

Osram Licht (FRA:OSR) received a €37.00 ($43.02) target price from research analysts at UBS Group in a report issued on Thursday, www.boersen-zeitung.de reports. The brokerage presently has a “neutral” rating on the stock. UBS Group’s price objective indicates a potential downside of 6.31% from the company’s current price.

A number of other analysts also recently issued reports on the stock. JPMorgan Chase & Co. set a €50.00 ($58.14) price objective on shares of Osram Licht and gave the company a “neutral” rating in a report on Wednesday, September 19th. Berenberg Bank set a €38.00 ($44.19) price objective on shares of Osram Licht and gave the company a “neutral” rating in a report on Monday, November 12th. Deutsche Bank set a €50.00 ($58.14) price objective on shares of Osram Licht and gave the company a “buy” rating in a report on Friday, September 21st. Commerzbank set a €43.00 ($50.00) target price on shares of Osram Licht and gave the stock a “neutral” rating in a report on Wednesday, November 7th. Finally, Societe Generale set a €40.00 ($46.51) target price on shares of Osram Licht and gave the stock a “neutral” rating in a report on Wednesday, September 19th. Eleven analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Osram Licht currently has an average rating of “Hold” and an average price target of €44.38 ($51.60).

FRA OSR opened at €39.49 ($45.92) on Thursday. Osram Licht has a 12-month low of €54.80 ($63.72) and a 12-month high of €79.42 ($92.35).

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.

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Analyst Recommendations for Osram Licht (FRA:OSR)

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