J P Morgan Chase & Co Reiterates €59.00 Price Target for OSRAM Licht AG (OSR)
Several other brokerages also recently commented on OSR. Baader Bank set a €65.00 ($75.58) target price on shares of OSRAM Licht AG and gave the stock a neutral rating in a research note on Tuesday, September 5th. Bankhaus Lampe set a €87.00 ($101.16) price target on shares of OSRAM Licht AG and gave the company a buy rating in a report on Tuesday, October 10th. UBS AG set a €86.00 ($100.00) price target on shares of OSRAM Licht AG and gave the company a buy rating in a report on Tuesday, November 7th. Kepler Capital Markets set a €60.00 ($69.77) price target on shares of OSRAM Licht AG and gave the company a sell rating in a report on Wednesday, November 8th. Finally, Independent Research GmbH set a €71.00 ($82.56) price target on shares of OSRAM Licht AG and gave the company a neutral rating in a report on Thursday, November 9th. Two analysts have rated the stock with a sell rating, six have given a hold rating and eight have assigned a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus target price of €72.91 ($84.77).
OSRAM Licht AG (FRA:OSR) opened at €68.54 ($79.70) on Wednesday. OSRAM Licht AG has a one year low of €46.75 ($54.36) and a one year high of €73.31 ($85.24).
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OSRAM Licht AG Company Profile
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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