Osram Licht AG (OSR) Receives €36.33 Average Target Price from Brokerages

Shares of Osram Licht AG (FRA:OSR) have been assigned an average rating of “Hold” from the sixteen ratings firms that are currently covering the company, MarketBeat reports. Twelve equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average twelve-month price target among brokers that have covered the stock in the last year is €36.33 ($42.25).

OSR has been the subject of a number of research analyst reports. Morgan Stanley set a €29.00 ($33.72) target price on Osram Licht and gave the stock a “neutral” rating in a report on Thursday. Kepler Capital Markets set a €35.00 ($40.70) target price on Osram Licht and gave the stock a “neutral” rating in a report on Thursday. JPMorgan Chase & Co. set a €35.00 ($40.70) target price on Osram Licht and gave the stock a “neutral” rating in a report on Wednesday, May 8th. UBS Group set a €37.00 ($43.02) target price on Osram Licht and gave the stock a “neutral” rating in a report on Wednesday, May 8th. Finally, Jefferies Financial Group set a €40.00 ($46.51) target price on Osram Licht and gave the stock a “buy” rating in a report on Thursday, May 2nd.

OSR stock traded down €0.60 ($0.70) on Friday, reaching €28.06 ($32.63). 558,633 shares of the company traded hands. Osram Licht has a one year low of €54.80 ($63.72) and a one 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.

Further Reading: Analyzing a company’s cash flow statement

Analyst Recommendations for Osram Licht (FRA:OSR)

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