Jefferies Financial Group set a €48.00 ($55.81) price objective on Osram Licht (FRA:OSR) in a research report report published on Thursday, January 24th. The firm currently has a buy rating on the stock.
A number of other research firms also recently commented on OSR. UBS Group set a €37.00 ($43.02) target price on Osram Licht and gave the company a neutral rating in a report on Wednesday, December 26th. JPMorgan Chase & Co. set a €50.00 ($58.14) price target on Osram Licht and gave the stock a neutral rating in a research note on Tuesday, November 6th. Berenberg Bank set a €38.00 ($44.19) price target on Osram Licht and gave the stock a neutral rating in a research note on Thursday, December 6th. Credit Suisse Group set a €39.00 ($45.35) price objective on Osram Licht and gave the stock a neutral rating in a research report on Tuesday, January 8th. Finally, Morgan Stanley set a €37.00 ($43.02) price objective on Osram Licht and gave the stock a neutral rating in a research report on Monday, January 14th. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating and four have assigned a buy rating to the stock. The stock currently has an average rating of Hold and an average target price of €40.23 ($46.78).
FRA:OSR traded down €1.58 ($1.84) during midday trading on Thursday, reaching €34.91 ($40.59). The stock had a trading volume of 974,555 shares. Osram Licht has a 12-month low of €54.80 ($63.72) and a 12-month high of €79.42 ($92.35).
Osram Licht Company Profile
OSRAM Licht AG provides various lighting products and solutions worldwide. The company operates through Specialty Lighting, Opto Semiconductors, and Lighting Solutions & Systems segments. The Specialty Lighting segment develops and produces lamps and lighting systems for the automotive sector, studio, stage and TV, and projection system applications, as well as special lamps for industrial and medical applications; produces lamps for disinfecting liquids, surfaces, and gases with UV light.
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