Osram Licht (FRA:OSR) received a €31.00 ($36.05) price target from Morgan Stanley in a report released on Tuesday, Borsen Zeitung reports. The firm currently has a “neutral” rating on the stock. Morgan Stanley’s price target indicates a potential downside of 31.31% from the company’s previous close.
A number of other equities research analysts have also recently issued reports on OSR. UBS Group set a €35.00 ($40.70) target price on Osram Licht and gave the stock a “neutral” rating in a research report on Tuesday, November 12th. Nord/LB set a €41.00 ($47.67) target price on Osram Licht and gave the stock a “sell” rating in a research report on Tuesday, December 10th. Independent Research set a €45.00 ($52.33) target price on Osram Licht and gave the stock a “neutral” rating in a research report on Wednesday, January 8th. Finally, Berenberg Bank set a €41.00 ($47.67) target price on Osram Licht and gave the stock a “neutral” rating in a research report on Monday, December 2nd. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and two have given a buy rating to the stock. Osram Licht currently has an average rating of “Hold” and a consensus target price of €36.58 ($42.53).
Shares of Osram Licht stock opened at €45.13 ($52.48) on Tuesday. The stock has a 50 day moving average price of €42.98 and a two-hundred day moving average price of €38.39. Osram Licht has a 12-month low of €54.80 ($63.72) and a 12-month high of €79.42 ($92.35).
About Osram Licht
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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