Shares of OSRAM Licht AG (FRA:OSR) have been assigned a consensus recommendation of “Buy” from the sixteen brokerages that are presently covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, four have given a hold recommendation and ten have issued a buy recommendation on the company. The average 1-year price objective among brokerages that have covered the stock in the last year is €77.22 ($91.93).
A number of brokerages have weighed in on OSR. UBS Group set a €86.00 ($102.38) price target on OSRAM Licht and gave the stock a “buy” rating in a research note on Monday, September 25th. Morgan Stanley set a €54.50 ($64.88) price target on OSRAM Licht and gave the stock a “sell” rating in a research note on Thursday, December 7th. Berenberg Bank set a €83.00 ($98.81) price target on OSRAM Licht and gave the stock a “buy” rating in a research note on Wednesday, December 6th. Commerzbank set a €76.00 ($90.48) price objective on OSRAM Licht and gave the stock a “buy” rating in a report on Wednesday, October 18th. Finally, Jefferies Group set a €90.00 ($107.14) price objective on OSRAM Licht and gave the stock a “buy” rating in a report on Friday, October 6th.
OSRAM Licht (OSR) opened at €74.78 ($89.02) on Wednesday. OSRAM Licht has a 52 week low of €48.81 ($58.11) and a 52 week high of €75.60 ($90.00). The firm has a market capitalization of $7,890.00 and a price-to-earnings ratio of 26.80.
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.
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