Osram Licht’s (OSAGF) Buy Rating Reaffirmed at DZ Bank
DZ Bank restated their buy rating on shares of Osram Licht (OTCMKTS:OSAGF) in a research report sent to investors on Wednesday morning, Borsen Zeitung reports.
Other analysts also recently issued reports about the stock. Zacks Investment Research raised shares of Osram Licht from a strong sell rating to a hold rating in a research report on Wednesday, April 24th. ValuEngine raised shares of Osram Licht from a sell rating to a hold rating in a research report on Thursday, May 9th. Finally, Societe Generale raised shares of Osram Licht from a sell rating to a hold rating in a research report on Thursday, February 14th. One analyst has rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company’s stock. Osram Licht has an average rating of Hold and an average price target of $51.00.
OSAGF stock opened at $32.09 on Wednesday. The company has a market capitalization of $3.36 billion, a price-to-earnings ratio of 10.66, a price-to-earnings-growth ratio of 1.77 and a beta of 0.80. Osram Licht has a 12 month low of $32.09 and a 12 month high of $63.47.
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: Consumer Price Index (CPI)
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