Brokerages Set Osram Licht AG (FRA:OSR) Target Price at €36.38

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Shares of Osram Licht AG (FRA:OSR) have received an average rating of “Hold” from the sixteen brokerages that are currently covering the company, MarketBeat reports. Twelve research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is €36.38 ($42.30).

Several brokerages recently commented on OSR. Morgan Stanley set a €29.00 ($33.72) price target on shares of Osram Licht and gave the stock a “neutral” rating in a report on Thursday, July 4th. Nord/LB set a €35.00 ($40.70) price target on shares of Osram Licht and gave the stock a “neutral” rating in a report on Tuesday, August 13th. Kepler Capital Markets set a €35.00 ($40.70) price target on shares of Osram Licht and gave the stock a “neutral” rating in a report on Thursday, June 27th. Commerzbank set a €39.50 ($45.93) price target on shares of Osram Licht and gave the stock a “neutral” rating in a report on Thursday, August 22nd. Finally, Berenberg Bank set a €35.00 ($40.70) price target on shares of Osram Licht and gave the stock a “neutral” rating in a report on Friday, August 9th.

Shares of FRA OSR opened at €37.78 ($43.93) on Thursday. The firm has a fifty day moving average of €35.50 and a 200 day moving average of €32.37. Osram Licht has a one year low of €54.80 ($63.72) and a one year high of €79.42 ($92.35).

About Osram Licht

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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Analyst Recommendations for Osram Licht (FRA:OSR)

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