Kepler Capital Markets set a €25.00 ($29.07) price target on Jenoptik (ETR:JEN) in a report released on Tuesday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Several other brokerages have also recently issued reports on JEN. Warburg Research set a €32.00 ($37.21) price objective on shares of Jenoptik and gave the stock a buy rating in a research note on Monday, October 7th. Baader Bank set a €29.00 ($33.72) target price on shares of Jenoptik and gave the stock a neutral rating in a report on Thursday, October 31st. Independent Research set a €24.20 ($28.14) target price on shares of Jenoptik and gave the stock a neutral rating in a report on Monday, September 2nd. Hauck & Aufhaeuser set a €31.50 ($36.63) target price on shares of Jenoptik and gave the stock a buy rating in a report on Friday, November 8th. Finally, Deutsche Bank set a €25.00 ($29.07) target price on shares of Jenoptik and gave the stock a neutral rating in a report on Wednesday, August 14th. Six investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company presently has a consensus rating of Hold and an average target price of €27.53 ($32.01).
Shares of JEN traded down €0.28 ($0.33) during mid-day trading on Tuesday, hitting €27.94 ($32.49). The company’s stock had a trading volume of 178,717 shares, compared to its average volume of 191,081. The firm has a 50-day moving average price of €24.83 and a 200 day moving average price of €26.09. The stock has a market capitalization of $1.60 billion and a price-to-earnings ratio of 20.44. The company has a debt-to-equity ratio of 26.78, a current ratio of 2.02 and a quick ratio of 1.10. Jenoptik has a fifty-two week low of €20.05 ($23.31) and a fifty-two week high of €36.80 ($42.79).
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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