OSRAM Licht (OSR) PT Set at €54.50 by Morgan Stanley
OSRAM Licht (FRA:OSR) received a €54.50 ($64.88) price target from equities research analysts at Morgan Stanley in a research report issued on Wednesday. The firm currently has a “sell” rating on the stock. Morgan Stanley’s target price would suggest a potential downside of 24.31% from the stock’s current price.
OSR has been the topic of several other reports. UBS set a €86.00 ($102.38) price objective on shares of OSRAM Licht and gave the stock a “buy” rating in a report on Monday, September 25th. Berenberg Bank set a €83.00 ($98.81) price objective on shares of OSRAM Licht and gave the stock a “buy” rating in a report on Wednesday, December 6th. Commerzbank set a €76.00 ($90.48) price objective on shares of OSRAM Licht and gave the stock a “buy” rating in a report on Wednesday, October 18th. Jefferies Group set a €90.00 ($107.14) price objective on shares of OSRAM Licht and gave the stock a “buy” rating in a report on Friday, October 6th. Finally, Independent Research set a €71.00 ($84.52) price objective on shares of OSRAM Licht and gave the stock a “neutral” rating in a report on Thursday, November 30th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and ten have given a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of €77.22 ($91.93).
OSRAM Licht (FRA OSR) opened at €72.00 ($85.71) on Wednesday. OSRAM Licht has a fifty-two week low of €47.00 ($55.95) and a fifty-two week high of €73.41 ($87.39).
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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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