Osram Licht (FRA:OSR) Given a €35.00 Price Target by Berenberg Bank Analysts

Share on StockTwits

Osram Licht (FRA:OSR) has been given a €35.00 ($40.70) price target by equities researchers at Berenberg Bank in a research note issued on Friday, August 9th, Borsen Zeitung reports. The firm presently has a “neutral” rating on the stock. Berenberg Bank’s target price indicates a potential upside of 0.09% from the company’s previous close.

OSR has been the subject of several other research reports. HSBC set a €24.00 ($27.91) price objective on Osram Licht and gave the stock a “neutral” rating in a report on Friday, June 14th. UBS Group set a €37.00 ($43.02) price objective on Osram Licht and gave the stock a “neutral” rating in a report on Wednesday, May 8th. Metzler set a €35.00 ($40.70) price objective on Osram Licht and gave the stock a “neutral” rating in a report on Wednesday, July 24th. Jefferies Financial Group set a €40.00 ($46.51) price objective on Osram Licht and gave the stock a “buy” rating in a report on Wednesday, May 15th. Finally, Deutsche Bank set a €37.00 ($43.02) price target on Osram Licht and gave the company a “buy” rating in a report on Thursday, May 23rd. Twelve investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Osram Licht presently has a consensus rating of “Hold” and an average target price of €36.48 ($42.42).

Shares of OSR opened at €34.97 ($40.66) on Friday. Osram Licht has a one year low of €54.80 ($63.72) and a one year high of €79.42 ($92.35). The business has a fifty day moving average of €32.87 and a 200 day moving average of €32.48.

Osram Licht Company Profile

OSRAM Licht AG provides various lighting products and solutions worldwide. It operates through three segments: Opto Semiconductors, Specialty Lighting, and Lighting Solutions & Systems. The company manufactures light-emitting diodes (LEDs) that are used in general lighting, automotive, consumer, and industrial applications, as well as infrared, laser, and optical sensors for the automotive, smartphone, wearable, general lighting, industrial lighting, and projection sectors, as well as lighting for plants.

Read More: Why is momentum important to successful trading?

Analyst Recommendations for Osram Licht (FRA:OSR)

Receive News & Ratings for Osram Licht Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Osram Licht and related companies with MarketBeat.com's FREE daily email newsletter.