Osram Licht (FRA:OSR) Given a €42.25 Price Target at Kepler Capital Markets
Kepler Capital Markets set a €42.25 ($47.47) target price on Osram Licht (FRA:OSR) in a research note issued to investors on Wednesday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
A number of other equities research analysts have also issued reports on the company. Nord/LB set a €34.00 ($38.20) target price on Osram Licht and gave the company a sell rating in a research note on Wednesday, June 10th. UBS Group set a €42.00 ($47.19) price target on Osram Licht and gave the stock a neutral rating in a research note on Thursday, July 23rd. Deutsche Bank set a €41.00 ($46.07) price objective on shares of Osram Licht and gave the stock a neutral rating in a report on Tuesday, July 7th. Finally, Independent Research set a €42.20 ($47.42) price objective on Osram Licht and gave the company a neutral rating in a research note on Friday, June 19th. One analyst has rated the stock with a sell rating and seven have issued a hold rating to the company. Osram Licht has an average rating of Hold and a consensus target price of €39.12 ($43.95).
Shares of FRA OSR opened at €44.39 ($49.88) on Wednesday. The firm’s 50-day moving average is €42.13 and its two-hundred day moving average is €41.22. Osram Licht has a 12-month low of €54.80 ($61.57) and a 12-month high of €79.42 ($89.24).
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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