UBS Group set a €42.00 ($47.19) price target on Osram Licht (FRA:OSR) in a report issued on Thursday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Other equities research analysts have also issued reports about the company. Nord/LB set a €34.00 ($38.20) price target on Osram Licht and gave the stock a sell rating in a research note on Wednesday, June 10th. Independent Research set a €42.20 ($47.42) target price on Osram Licht and gave the stock a neutral rating in a research report on Wednesday. Deutsche Bank set a €41.00 ($46.07) price target on shares of Osram Licht and gave the stock a neutral rating in a report on Tuesday, July 7th. Finally, Kepler Capital Markets set a €42.25 ($47.47) price target on shares of Osram Licht and gave the stock a neutral rating in a research note on Wednesday. One equities research analyst has rated the stock with a sell rating and seven have given a hold rating to the company. Osram Licht presently has a consensus rating of Hold and a consensus target price of €39.12 ($43.95).
Shares of FRA OSR opened at €44.39 ($49.88) on Thursday. Osram Licht has a 1 year low of €54.80 ($61.57) and a 1 year high of €79.42 ($89.24). The firm has a 50-day simple moving average of €42.13 and a two-hundred day simple moving average of €41.22.
Osram Licht Company Profile
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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