UBS Group Analysts Give Osram Licht (FRA:OSR) a €35.00 Price Target

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Osram Licht (FRA:OSR) has been assigned a €35.00 ($40.70) price target by investment analysts at UBS Group in a note issued to investors on Tuesday, Borsen Zeitung reports. The brokerage currently has a “neutral” rating on the stock. UBS Group’s target price indicates a potential downside of 12.87% from the stock’s current price.

A number of other equities analysts have also issued reports on OSR. Berenberg Bank set a €35.00 ($40.70) price target on Osram Licht and gave the stock a “neutral” rating in a report on Friday, August 9th. Nord/LB set a €39.00 ($45.35) price target on Osram Licht and gave the stock a “neutral” rating in a report on Monday, October 7th. Morgan Stanley set a €29.00 ($33.72) price objective on Osram Licht and gave the company a “neutral” rating in a report on Tuesday, October 8th. Commerzbank set a €39.50 ($45.93) price objective on Osram Licht and gave the company a “neutral” rating in a report on Thursday, August 22nd. Finally, Metzler set a €35.00 ($40.70) price objective on Osram Licht and gave the company a “neutral” rating in a report on Wednesday, July 24th. Twelve equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Osram Licht has an average rating of “Hold” and an average price target of €36.66 ($42.62).

Shares of FRA OSR traded down €0.01 ($0.01) during midday trading on Tuesday, reaching €40.17 ($46.71). 248,325 shares of the company were exchanged. Osram Licht has a 1 year low of €54.80 ($63.72) and a 1 year high of €79.42 ($92.35). The stock has a fifty day simple moving average of €39.86 and a 200 day simple moving average of €33.87.

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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Analyst Recommendations for Osram Licht (FRA:OSR)

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