Jenoptik AG (ETR:JEN) has earned an average recommendation of “Buy” from the eight research firms that are presently covering the company, Marketbeat reports. One analyst has rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 1-year price target among brokers that have covered the stock in the last year is €34.57 ($39.29).
A number of research analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft set a €30.00 ($34.09) target price on shares of Jenoptik in a report on Friday, November 12th. Kepler Capital Markets set a €32.50 ($36.93) price objective on Jenoptik in a report on Thursday. Warburg Research set a €37.00 ($42.05) price objective on Jenoptik in a report on Thursday. Berenberg Bank set a €40.00 ($45.45) target price on Jenoptik in a research note on Wednesday. Finally, Hauck and Aufhaeuser set a €38.00 ($43.18) target price on Jenoptik in a research note on Tuesday, October 26th.
JEN traded up €0.28 ($0.32) during midday trading on Thursday, hitting €32.50 ($36.93). 175,994 shares of the company traded hands, compared to its average volume of 191,081. The company has a quick ratio of 1.44, a current ratio of 2.14 and a debt-to-equity ratio of 70.58. Jenoptik has a 52 week low of €21.62 ($24.57) and a 52 week high of €36.14 ($41.07). The company’s 50-day moving average is €31.80 and its 200 day moving average is €28.36. The firm has a market capitalization of $1.86 billion and a PE ratio of 22.98.
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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