OSRAM Licht AG (FRA:OSR) Given a €60.00 Price Target at Kepler Capital Markets

OSRAM Licht AG (FRA:OSR) has been given a €60.00 ($70.59) target price by research analysts at Kepler Capital Markets in a note issued to investors on Wednesday, November 8th. The firm currently has a “sell” rating on the stock. Kepler Capital Markets’ target price would indicate a potential downside of 14.40% from the company’s previous close.

Other analysts have also issued reports about the company. Deutsche Bank AG set a €80.00 ($94.12) price target on OSRAM Licht and gave the stock a “buy” rating in a report on Monday, July 31st. Commerzbank Ag set a €76.00 ($89.41) price target on OSRAM Licht and gave the company a “buy” rating in a research report on Thursday, July 27th. UBS AG set a €86.00 ($101.18) price target on OSRAM Licht and gave the company a “buy” rating in a research report on Thursday, July 27th. Berenberg Bank set a €87.00 ($102.35) price target on OSRAM Licht and gave the company a “buy” rating in a research report on Wednesday, July 19th. Finally, Societe Generale set a €82.00 ($96.47) price target on OSRAM Licht and gave the company a “buy” rating in a research report on Friday, September 29th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and nine have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of €73.72 ($86.73).

Shares of OSRAM Licht (OSR) traded down €0.96 ($1.13) during trading hours on Wednesday, hitting €70.09 ($82.46). The company had a trading volume of 212,866 shares. OSRAM Licht has a one year low of €46.75 ($55.00) and a one year high of €73.31 ($86.25).

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About OSRAM Licht

OSRAM Licht AG provides various lighting products and solutions worldwide. The company operates through Specialty Lighting, Opto Semiconductors, and Lighting Solutions & Systems segments. The Specialty Lighting segment develops and produces lamps and lighting systems for the automotive sector, studio, stage and TV, and projection system applications, as well as special lamps for industrial and medical applications; produces lamps for disinfecting liquids, surfaces, and gases with UV light; and provides entertainment lighting for shows and events.

Analyst Recommendations for OSRAM Licht (FRA:OSR)

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