Osram Licht (FRA:OSR) received a €38.00 ($44.19) target price from Deutsche Bank in a research note issued on Monday, April 1st, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock. Deutsche Bank’s price target would indicate a potential upside of 23.54% from the company’s previous close.
OSR has been the subject of a number of other reports. UBS Group set a €37.00 ($43.02) price target on shares of Osram Licht and gave the company a “neutral” rating in a research report on Thursday, March 28th. Kepler Capital Markets set a €34.50 ($40.12) price objective on shares of Osram Licht and gave the company a “sell” rating in a report on Thursday, February 7th. Independent Research set a €36.00 ($41.86) price objective on shares of Osram Licht and gave the company a “neutral” rating in a report on Friday, January 11th. Berenberg Bank set a €35.00 ($40.70) price objective on shares of Osram Licht and gave the company a “neutral” rating in a report on Monday, February 4th. Finally, Credit Suisse Group set a €39.00 ($45.35) price target on shares of Osram Licht and gave the stock a “neutral” rating in a research note on Wednesday, January 23rd. Twelve research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of €37.27 ($43.33).
OSR stock traded down €0.57 ($0.66) during trading on Monday, reaching €30.76 ($35.77). 752,765 shares of the stock were exchanged. Osram Licht has a 1 year low of €54.80 ($63.72) and a 1 year high of €79.42 ($92.35).
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.
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