Berenberg Bank set a €41.00 ($47.67) target price on Osram Licht (FRA:OSR) in a research note published on Monday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

Other analysts also recently issued research reports about the stock. Morgan Stanley set a €29.00 ($33.72) price target on shares of Osram Licht and gave the company a neutral rating in a report on Tuesday, October 8th. Independent Research set a €41.00 ($47.67) price target on shares of Osram Licht and gave the company a neutral rating in a report on Wednesday, November 13th. UBS Group set a €35.00 ($40.70) price target on shares of Osram Licht and gave the company a neutral rating in a report on Tuesday, November 12th. Commerzbank set a €39.50 ($45.93) price target on shares of Osram Licht and gave the company a neutral rating in a report on Thursday, August 22nd. Finally, Nord/LB set a €39.00 ($45.35) price target on shares of Osram Licht and gave the company a neutral rating in a report on Monday, October 7th. Eleven equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Osram Licht presently has a consensus rating of Hold and an average price target of €36.61 ($42.57).

OSR stock opened at €39.18 ($45.56) on Monday. Osram Licht has a 52 week low of €54.80 ($63.72) and a 52 week high of €79.42 ($92.35). The company’s 50-day moving average price is €39.85 and its 200 day moving average price is €34.78.

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.

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Analyst Recommendations for Osram Licht (FRA:OSR)

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