Osram Licht (FRA:OSR) Given a €35.00 Price Target by Nord/LB Analysts

Nord/LB set a €35.00 ($40.70) target price on Osram Licht (FRA:OSR) in a research report sent to investors on Tuesday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

Other equities research analysts also recently issued reports about the stock. Metzler set a €35.00 ($40.70) target price on shares of Osram Licht and gave the company a neutral rating in a report on Wednesday, July 24th. Morgan Stanley set a €29.00 ($33.72) target price on shares of Osram Licht and gave the company a neutral rating in a report on Thursday, July 4th. Berenberg Bank set a €35.00 ($40.70) target price on shares of Osram Licht and gave the company a neutral rating in a report on Friday, August 9th. HSBC set a €24.00 ($27.91) target price on shares of Osram Licht and gave the company a neutral rating in a report on Friday, June 14th. Finally, Deutsche Bank set a €37.00 ($43.02) target price on shares of Osram Licht and gave the company a buy rating in a report on Thursday, May 23rd. Twelve investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Osram Licht presently has a consensus rating of Hold and a consensus target price of €36.48 ($42.42).

Osram Licht stock opened at €34.89 ($40.57) on Tuesday. Osram Licht has a 1 year low of €54.80 ($63.72) and a 1 year high of €79.42 ($92.35). The firm has a 50 day moving average price of €32.87 and a 200 day moving average price of €32.48.

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.

Read More: What is a capital gains distribution?

Analyst Recommendations for Osram Licht (FRA:OSR)

Receive News & Ratings for Osram Licht Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Osram Licht and related companies with MarketBeat.com's FREE daily email newsletter.