Jenoptik (ETR:JEN) received a €23.00 ($26.74) price objective from research analysts at HSBC in a report released on Friday, Borsen Zeitung reports. The brokerage currently has a “neutral” rating on the stock. HSBC’s price objective indicates a potential upside of 13.02% from the company’s current price.
A number of other research firms have also recently issued reports on JEN. Deutsche Bank set a €25.00 ($29.07) price objective on Jenoptik and gave the company a “neutral” rating in a research report on Wednesday. Independent Research set a €24.50 ($28.49) price objective on Jenoptik and gave the company a “sell” rating in a research report on Friday, August 9th. Hauck & Aufhaeuser set a €32.00 ($37.21) price objective on Jenoptik and gave the company a “buy” rating in a research report on Tuesday, July 23rd. DZ Bank restated a “neutral” rating on shares of Jenoptik in a research report on Thursday, July 11th. Finally, Kepler Capital Markets set a €34.50 ($40.12) price objective on Jenoptik and gave the company a “neutral” rating in a research report on Thursday, May 9th. One analyst has rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating to the stock. Jenoptik currently has an average rating of “Hold” and a consensus target price of €28.57 ($33.22).
JEN opened at €20.35 ($23.66) on Friday. The stock has a market cap of $1.21 billion and a PE ratio of 14.89. The company has a current ratio of 2.02, a quick ratio of 1.10 and a debt-to-equity ratio of 26.78. Jenoptik has a 1 year low of €22.02 ($25.60) and a 1 year high of €36.80 ($42.79). The stock’s 50 day simple moving average is €25.40 and its 200-day simple moving average is €29.92.
Jenoptik AG operates as an integrated photonics company in Germany and internationally. The company's Opticals & Life Science division develops and manufactures micro-optics for beam shaping for use in the semiconductor industry, as well as for laser material processing; and optical systems and components for information and communication, security, and defense technologies.
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