Osram Licht (FRA:OSR) received a €31.00 ($36.05) price objective from investment analysts at Morgan Stanley in a research note issued on Tuesday, Borsen Zeitung reports. The brokerage presently has a “neutral” rating on the stock. Morgan Stanley’s target price indicates a potential downside of 31.31% from the stock’s previous close.
A number of other analysts have also commented on the company. UBS Group set a €35.00 ($40.70) price objective on Osram Licht and gave the stock a “neutral” rating in a research report on Tuesday, November 12th. Independent Research set a €45.00 ($52.33) price objective on Osram Licht and gave the stock a “neutral” rating in a research report on Wednesday, January 8th. Nord/LB set a €41.00 ($47.67) price objective on Osram Licht and gave the stock a “sell” rating in a research report on Tuesday, December 10th. Finally, Berenberg Bank set a €41.00 ($47.67) price objective on Osram Licht and gave the stock a “neutral” rating in a research report on Monday, December 2nd. One analyst has rated the stock with a sell rating, ten have given a hold rating and two have issued a buy rating to the company. Osram Licht has a consensus rating of “Hold” and an average target price of €36.58 ($42.53).
Shares of OSR stock opened at €45.13 ($52.48) on Tuesday. The stock has a 50-day moving average price of €42.98 and a 200 day moving average price of €38.39. Osram Licht has a 12 month low of €54.80 ($63.72) and a 12 month high of €79.42 ($92.35).
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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