Osram Licht (FRA:OSR) Given a €49.00 Price Target by Independent Research Analysts

Independent Research set a €49.00 ($56.98) price objective on Osram Licht (FRA:OSR) in a research note published on Tuesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

A number of other research firms have also commented on OSR. Morgan Stanley set a €31.00 ($36.05) price objective on shares of Osram Licht and gave the company a neutral rating in a research note on Tuesday, January 14th. UBS Group set a €46.00 ($53.49) price objective on shares of Osram Licht and gave the company a neutral rating in a research note on Thursday, February 6th. Berenberg Bank set a €41.00 ($47.67) price objective on shares of Osram Licht and gave the company a neutral rating in a research note on Monday, December 2nd. Deutsche Bank set a €44.00 ($51.16) price objective on shares of Osram Licht and gave the company a neutral rating in a research note on Wednesday, February 5th. Finally, Nord/LB set a €41.00 ($47.67) price objective on shares of Osram Licht and gave the company a sell rating in a research note on Tuesday, December 10th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and one has given a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus target price of €38.38 ($44.62).

FRA OSR opened at €47.75 ($55.52) on Tuesday. Osram Licht has a 12 month low of €54.80 ($63.72) and a 12 month high of €79.42 ($92.35). The company’s 50 day simple moving average is €45.43 and its 200 day simple moving average is €40.41.

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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Analyst Recommendations for Osram Licht (FRA:OSR)

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