Osram Licht AG (FRA:OSR) has received an average rating of “Hold” from the seventeen brokerages that are covering the firm, MarketBeat reports. Eleven analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is €44.56 ($51.82).

Several research analysts have commented on the stock. Commerzbank set a €43.00 ($50.00) target price on shares of Osram Licht and gave the stock a “buy” rating in a research report on Wednesday, October 17th. Deutsche Bank set a €50.00 ($58.14) target price on shares of Osram Licht and gave the stock a “buy” rating in a research report on Tuesday, October 2nd. Baader Bank set a €45.00 ($52.33) target price on shares of Osram Licht and gave the stock a “buy” rating in a research report on Wednesday, September 19th. JPMorgan Chase & Co. set a €50.00 ($58.14) target price on shares of Osram Licht and gave the stock a “neutral” rating in a research report on Wednesday, September 19th. Finally, Independent Research set a €38.00 ($44.19) target price on shares of Osram Licht and gave the stock a “neutral” rating in a research report on Thursday, November 8th.

OSR traded down €0.30 ($0.35) on Friday, hitting €35.20 ($40.93). 742,914 shares of the company’s stock were exchanged. Osram Licht has a twelve month low of €54.80 ($63.72) and a twelve month high of €79.42 ($92.35).

About Osram Licht

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.

Further Reading: Earnings Reports

Analyst Recommendations for Osram Licht (FRA:OSR)

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