JPMorgan Chase & Co. Reiterates “€35.00” Price Target for Osram Licht (OSR)

JPMorgan Chase & Co. set a €35.00 ($40.70) price objective on Osram Licht (FRA:OSR) in a research note published on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

OSR has been the subject of a number of other research reports. Jefferies Financial Group set a €40.00 ($46.51) price objective on shares of Osram Licht and gave the company a buy rating in a research report on Thursday, May 2nd. Deutsche Bank set a €38.00 ($44.19) price objective on shares of Osram Licht and gave the company a buy rating in a research report on Monday, April 1st. Credit Suisse Group set a €39.00 ($45.35) price objective on shares of Osram Licht and gave the company a neutral rating in a research report on Tuesday, January 8th. UBS Group set a €37.00 ($43.02) price objective on shares of Osram Licht and gave the company a neutral rating in a research report on Thursday, February 14th. Finally, Morgan Stanley set a €28.00 ($32.56) price objective on shares of Osram Licht and gave the company a neutral rating in a research report on Wednesday, April 10th. Twelve investment 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 an average price target of €36.33 ($42.25).

FRA:OSR opened at €28.66 ($33.33) on Wednesday. Osram Licht has a 1-year low of €54.80 ($63.72) and a 1-year high of €79.42 ($92.35).

About Osram Licht

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.

See Also: How does inflation affect different investments?

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.