Jenoptik AG (JEN) Receives Consensus Recommendation of “Hold” from Analysts
Jenoptik AG (ETR:JEN) has been assigned an average rating of “Hold” from the nine brokerages that are currently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is €24.44 ($29.09).
A number of brokerages have recently issued reports on JEN. Baader Bank set a €22.00 ($26.19) target price on shares of Jenoptik and gave the stock a “neutral” rating in a research report on Thursday, September 21st. DZ Bank restated a “neutral” rating on shares of Jenoptik in a research report on Monday, November 13th. Warburg Research set a €27.00 ($32.14) target price on shares of Jenoptik and gave the stock a “buy” rating in a research report on Friday, November 10th. Kepler Capital Markets set a €27.50 ($32.74) target price on shares of Jenoptik and gave the stock a “buy” rating in a research report on Tuesday, August 15th. Finally, Independent Research set a €22.50 ($26.79) target price on shares of Jenoptik and gave the stock a “sell” rating in a research report on Friday, November 10th.
Shares of Jenoptik (ETR:JEN) opened at €27.40 ($32.62) on Friday. Jenoptik has a 12 month low of €15.80 ($18.81) and a 12 month high of €30.00 ($35.71).
Jenoptik AG operates as an integrated photonics company in Germany and internationally. The company's Opticals & Life Science division develops and manufactures micro-optics for beam shaping for use in the semiconductor industry, as well as for laser material processing; and optical systems and components for information and communication, security, and defense technologies.
Receive News & Ratings for Jenoptik AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jenoptik AG and related companies with MarketBeat.com's FREE daily email newsletter.