Jenoptik (JEN) Given a €23.00 Price Target by Independent Research Analysts
Jenoptik (ETR:JEN) received a €23.00 ($28.40) target price from investment analysts at Independent Research in a research note issued on Friday. The firm currently has a “sell” rating on the stock. Independent Research’s price objective points to a potential downside of 17.03% from the company’s current price.
A number of other equities analysts have also recently weighed in on the stock. Warburg Research set a €31.00 ($38.27) price target on shares of Jenoptik and gave the stock a “buy” rating in a research note on Wednesday, December 20th. DZ Bank reaffirmed a “neutral” rating on shares of Jenoptik in a research note on Thursday, October 19th. Baader Bank set a €26.00 ($32.10) price target on shares of Jenoptik and gave the stock a “neutral” rating in a research note on Friday, November 10th. Kepler Capital Markets set a €27.50 ($33.95) price target on shares of Jenoptik and gave the stock a “buy” rating in a research note on Friday, November 10th. Finally, set a €25.00 ($30.86) price target on shares of Jenoptik and gave the stock a “neutral” rating in a research note on Monday, November 13th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and one has assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of €26.00 ($32.10).
Jenoptik (ETR JEN) opened at €27.72 ($34.22) on Friday. Jenoptik has a 12 month low of €18.23 ($22.51) and a 12 month high of €34.82 ($42.99). The firm has a market cap of $1,590.00 and a price-to-earnings ratio of 25.43.
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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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