OSRAM Licht (OSR) PT Set at €83.00 by Berenberg Bank
OSRAM Licht (FRA:OSR) received a €83.00 ($98.81) price target from equities research analysts at Berenberg Bank in a note issued to investors on Wednesday. The brokerage presently has a “buy” rating on the stock. Berenberg Bank’s target price suggests a potential upside of 20.46% from the company’s previous close.
Several other brokerages have also recently commented on OSR. Bankhaus Lampe set a €87.00 ($103.57) target price on OSRAM Licht and gave the company a “buy” rating in a report on Tuesday, October 10th. Independent Research set a €71.00 ($84.52) target price on OSRAM Licht and gave the company a “neutral” rating in a report on Thursday, November 30th. Morgan Stanley set a €54.50 ($64.88) target price on OSRAM Licht and gave the company a “sell” rating in a report on Thursday, October 5th. Societe Generale set a €82.00 ($97.62) target price on OSRAM Licht and gave the company a “buy” rating in a report on Friday, September 29th. Finally, Kepler Capital Markets set a €60.00 ($71.43) target price on OSRAM Licht and gave the company a “sell” rating in a report on Wednesday, November 1st. Two analysts have rated the stock with a sell rating, four have given a hold rating and ten have issued a buy rating to the stock. OSRAM Licht presently has an average rating of “Buy” and an average price target of €76.28 ($90.81).
OSRAM Licht (OSR) traded down €0.90 ($1.07) during trading hours on Wednesday, hitting €68.90 ($82.02). The stock had a trading volume of 207,734 shares. OSRAM Licht has a 52 week low of €47.00 ($55.95) and a 52 week high of €73.41 ($87.39).
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; and provides entertainment lighting for shows and events.
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