Jenoptik (ETR:JEN) has been assigned a €30.00 ($34.88) price objective by HSBC in a research note issued on Thursday. The firm currently has a “neutral” rating on the stock. HSBC’s price target suggests a potential downside of 3.60% from the company’s current price.
A number of other research analysts have also weighed in on the company. Hauck & Aufhaeuser set a €32.50 ($37.79) target price on Jenoptik and gave the stock a “buy” rating in a report on Wednesday. Warburg Research set a €33.00 ($38.37) target price on Jenoptik and gave the stock a “buy” rating in a report on Wednesday. Kepler Capital Markets set a €34.50 ($40.12) target price on Jenoptik and gave the stock a “neutral” rating in a report on Wednesday. DZ Bank reissued a “neutral” rating on shares of Jenoptik in a report on Wednesday. Finally, Baader Bank set a €30.00 ($34.88) target price on Jenoptik and gave the stock a “neutral” rating in a report on Wednesday. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of €31.29 ($36.38).
JEN stock opened at €31.12 ($36.19) on Thursday. Jenoptik has a 1-year low of €20.68 ($24.05) and a 1-year high of €34.82 ($40.49).
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.
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