Shares of Jenoptik AG (ETR:JEN) have earned an average rating of “Buy” from the eight brokerages that are presently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold rating and one has given a buy rating to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is €35.86 ($40.75).
A number of brokerages recently weighed in on JEN. Deutsche Bank Aktiengesellschaft set a €30.00 ($34.09) price target on shares of Jenoptik in a research report on Wednesday, December 8th. Berenberg Bank set a €44.00 ($50.00) target price on Jenoptik in a research report on Friday, January 7th. Hauck and Aufhaeuser set a €41.00 ($46.59) target price on Jenoptik in a research report on Thursday, December 2nd. Baader Bank set a €37.00 ($42.05) target price on Jenoptik in a research report on Wednesday, December 1st. Finally, Warburg Research set a €39.00 ($44.32) target price on Jenoptik in a research report on Wednesday, December 1st.
Shares of ETR:JEN traded up €0.12 ($0.14) during trading on Friday, hitting €34.12 ($38.77). 62,617 shares of the company were exchanged, compared to its average volume of 191,081. The firm’s 50 day moving average price is €35.30 and its 200-day moving average price is €31.40. Jenoptik has a 12-month low of €21.62 ($24.57) and a 12-month high of €37.76 ($42.91). The company has a debt-to-equity ratio of 70.58, a current ratio of 2.14 and a quick ratio of 1.44. The stock has a market capitalization of $1.95 billion and a P/E ratio of 24.13.
Jenoptik AG engages in the optics and photonics business in Germany and internationally. The company operates through Light & Optics, Light & Production, and Light & Safety divisions. It offers automation solutions and application products, such as welding and fastening systems, material handling, transfer devices and systems, fixtures, end of arm tooling, and positioners; develops and manufactures metrology solutions comprising dimensional, form, in-process, optical, optical surface inspection, and roughness and contour metrology, as well as laser distance sensors for monitoring and optimizing production processes; microscope and thermographic camera, imaging modules, polymer-based camera modules, and digital imaging platforms; and diode and solid state lasers, laser distance meters, laser machines, and objective lenses and beam expanders for laser perforation, laser cutting, and laser welding applications.
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