Independent Research set a €42.20 ($47.42) target price on Osram Licht (FRA:OSR) in a research report sent to investors on Wednesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

Other equities research analysts have also issued research reports about the company. Deutsche Bank set a €41.00 ($46.07) price objective on Osram Licht and gave the stock a neutral rating in a research report on Tuesday, July 7th. Nord/LB set a €34.00 ($38.20) price target on Osram Licht and gave the stock a sell rating in a report on Wednesday, June 10th. Kepler Capital Markets set a €42.25 ($47.47) price objective on shares of Osram Licht and gave the company a neutral rating in a report on Wednesday. Finally, UBS Group set a €42.00 ($47.19) target price on shares of Osram Licht and gave the stock a neutral rating in a research report on Thursday, July 23rd. One equities research analyst has rated the stock with a sell rating and seven have given a hold rating to the stock. Osram Licht has an average rating of Hold and a consensus price target of €39.12 ($43.95).

Shares of FRA:OSR opened at €44.39 ($49.88) on Wednesday. Osram Licht has a 52-week low of €54.80 ($61.57) and a 52-week high of €79.42 ($89.24). The company has a fifty day moving average of €42.13 and a 200-day moving average of €41.22.

Osram Licht Company Profile

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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