Osram Licht (FRA:OSR) received a €34.00 ($39.53) price objective from equities research analysts at Berenberg Bank in a note issued to investors on Friday. The brokerage presently has a “neutral” rating on the stock. Berenberg Bank’s price target would suggest a potential downside of 2.94% from the stock’s previous close.
OSR has been the topic of several other research reports. Kepler Capital Markets set a €34.50 ($40.12) target price on Osram Licht and gave the stock a “sell” rating in a report on Thursday, February 7th. Independent Research set a €36.00 ($41.86) target price on Osram Licht and gave the stock a “neutral” rating in a report on Friday, January 11th. Deutsche Bank set a €48.00 ($55.81) target price on Osram Licht and gave the stock a “buy” rating in a report on Thursday, December 6th. Credit Suisse Group set a €39.00 ($45.35) target price on Osram Licht and gave the stock a “neutral” rating in a report on Wednesday, January 23rd. Finally, Commerzbank set a €43.00 ($50.00) target price on Osram Licht and gave the stock a “neutral” rating in a report on Wednesday, November 28th. Twelve equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of €39.80 ($46.28).
OSR opened at €35.03 ($40.73) on Friday. Osram Licht has a twelve month low of €54.80 ($63.72) and a twelve month high of €79.42 ($92.35).
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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