Osram Licht (OSR) Given a €45.00 Price Target at Bank of America

Bank of America set a €45.00 ($52.33) target price on Osram Licht (FRA:OSR) in a research note released on Wednesday morning. The brokerage currently has a buy rating on the stock.

Several other research firms have also recently weighed in on OSR. Baader Bank set a €45.00 ($52.33) price target on Osram Licht and gave the company a buy rating in a report on Wednesday, November 28th. Morgan Stanley set a €40.00 ($46.51) price objective on Osram Licht and gave the company a neutral rating in a report on Wednesday, December 5th. Berenberg Bank set a €38.00 ($44.19) price objective on Osram Licht and gave the company a neutral rating in a report on Thursday, December 6th. Commerzbank set a €43.00 ($50.00) price objective on Osram Licht and gave the company a neutral rating in a report on Wednesday, November 28th. Finally, UBS Group set a €37.00 ($43.02) price objective on Osram Licht and gave the company a neutral rating in a report on Wednesday, November 28th. Eleven investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The stock presently has an average rating of Hold and a consensus target price of €44.69 ($51.96).

Shares of FRA:OSR traded down €2.27 ($2.64) on Wednesday, hitting €35.50 ($41.28). The company’s stock had a trading volume of 1,937,945 shares. Osram Licht has a 1 year low of €54.80 ($63.72) and a 1 year 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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