OSRAM Licht (OSR) Given a €83.00 Price Target by Berenberg Bank Analysts

OSRAM Licht (FRA:OSR) has been given a €83.00 ($98.81) price objective by analysts at Berenberg Bank in a report released on Wednesday. The firm presently has a “buy” rating on the stock. Berenberg Bank’s target price suggests a potential upside of 20.46% from the company’s previous close.

OSR has been the topic of a number of other research reports. UBS set a €86.00 ($102.38) price objective on OSRAM Licht and gave the stock a “buy” rating in a research report on Monday, September 25th. Commerzbank set a €76.00 ($90.48) price objective on OSRAM Licht and gave the stock a “buy” rating in a research report on Wednesday, October 18th. Jefferies Group set a €90.00 ($107.14) price objective on OSRAM Licht and gave the stock a “buy” rating in a research report on Friday, October 6th. Independent Research set a €71.00 ($84.52) price objective on OSRAM Licht and gave the stock a “neutral” rating in a research report on Thursday, November 30th. Finally, Deutsche Bank set a €78.00 ($92.86) price objective on OSRAM Licht and gave the stock a “buy” rating in a research report on Thursday, September 28th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and ten have given a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of €76.28 ($90.81).

OSRAM Licht (FRA OSR) traded down €0.90 ($1.07) during trading on Wednesday, hitting €68.90 ($82.02). The stock had a trading volume of 207,734 shares. OSRAM Licht has a 1-year low of €47.00 ($55.95) and a 1-year high of €73.41 ($87.39).

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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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