JPMorgan Chase & Co. set a €35.00 ($40.70) price target on Osram Licht (FRA:OSR) in a research report released on Tuesday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
A number of other equities analysts have also weighed in on the company. Morgan Stanley set a €28.00 ($32.56) target price on Osram Licht and gave the stock a neutral rating in a research report on Wednesday, April 10th. Kepler Capital Markets set a €35.00 ($40.70) price objective on shares of Osram Licht and gave the company a neutral rating in a report on Thursday, April 4th. Berenberg Bank set a €28.00 ($32.56) price objective on shares of Osram Licht and gave the company a neutral rating in a report on Thursday, April 4th. Deutsche Bank set a €38.00 ($44.19) price objective on shares of Osram Licht and gave the company a buy rating in a report on Monday, April 1st. Finally, Nord/LB set a €30.00 ($34.88) target price on shares of Osram Licht and gave the company a neutral rating in a research note on Friday, March 29th. Twelve research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and a consensus price target of €36.27 ($42.17).
Shares of FRA OSR opened at €30.18 ($35.09) on Tuesday. Osram Licht has a twelve month low of €54.80 ($63.72) and a twelve month high of €79.42 ($92.35).
Osram Licht Company Profile
OSRAM Licht AG provides various lighting products and solutions worldwide. It operates through three segments: Opto Semiconductors, Specialty Lighting, and Lighting Solutions & Systems. The company manufactures light-emitting diodes (LEDs) that are used in general lighting, automotive, consumer, and industrial applications, as well as infrared, laser, and optical sensors for the automotive, smartphone, wearable, general lighting, industrial lighting, and projection sectors, as well as lighting for plants.
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