OSRAM Licht AG (OSR) Receives €72.91 Average Target Price from Analysts
Shares of OSRAM Licht AG (FRA:OSR) have received a consensus recommendation of “Hold” from the sixteen ratings firms that are covering the firm, Marketbeat reports. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and eight have issued a buy rating on the company. The average twelve-month target price among brokers that have covered the stock in the last year is €72.91 ($84.77).
A number of analysts have recently issued reports on the company. Barclays PLC set a €59.00 ($68.60) price target on OSRAM Licht AG and gave the stock a “neutral” rating in a research note on Wednesday, November 8th. Berenberg Bank set a €83.00 ($96.51) price target on OSRAM Licht AG and gave the stock a “buy” rating in a research note on Thursday, November 9th. Kepler Capital Markets set a €60.00 ($69.77) price target on OSRAM Licht AG and gave the stock a “sell” rating in a research note on Wednesday, November 8th. UBS AG set a €86.00 ($100.00) price target on OSRAM Licht AG and gave the stock a “buy” rating in a research note on Tuesday, November 7th. Finally, Deutsche Bank AG set a €78.00 ($90.70) price target on OSRAM Licht AG and gave the stock a “buy” rating in a research note on Tuesday, November 7th.
Shares of OSRAM Licht AG (FRA:OSR) traded down €0.21 ($0.24) during midday trading on Tuesday, hitting €68.54 ($79.70). 209,614 shares of the stock were exchanged. OSRAM Licht AG has a 52 week low of €46.75 ($54.36) and a 52 week high of €73.31 ($85.24).
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About OSRAM Licht AG
OSRAM Licht AG provides various lighting products and solutions worldwide. The company operates through Specialty Lighting, Opto Semiconductors, and Lighting Solutions & Systems segments. The Specialty Lighting segment develops and produces lamps and lighting systems for the automotive sector, studio, stage and TV, and projection system applications, as well as special lamps for industrial and medical applications; produces lamps for disinfecting liquids, surfaces, and gases with UV light; and provides entertainment lighting for shows and events.
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