Baader Bank set a €78.00 ($91.76) target price on OSRAM Licht AG (FRA:OSR) in a research note released on Friday morning. The brokerage currently has a buy rating on the stock.

Several other research analysts have also recently weighed in on OSR. Citigroup Inc. set a €70.00 ($82.35) price target on shares of OSRAM Licht and gave the company a neutral rating in a report on Monday, July 31st. Bankhaus Lampe set a €87.00 ($102.35) price target on shares of OSRAM Licht and gave the company a buy rating in a report on Tuesday, October 10th. Morgan Stanley set a €54.50 ($64.12) price target on shares of OSRAM Licht and gave the company a sell rating in a report on Monday, November 13th. J P Morgan Chase & Co set a €59.00 ($69.41) price target on shares of OSRAM Licht and gave the company a neutral rating in a report on Wednesday, November 15th. Finally, Berenberg Bank set a €83.00 ($97.65) price target on shares of OSRAM Licht and gave the company a buy rating in a report on Wednesday, October 18th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and nine have issued a buy rating to the stock. The company currently has an average rating of Hold and a consensus price target of €73.72 ($86.73).

OSRAM Licht (OSR) opened at €71.05 ($83.59) on Friday. OSRAM Licht has a fifty-two week low of €46.75 ($55.00) and a fifty-two week high of €73.31 ($86.25).

TRADEMARK VIOLATION NOTICE: “Baader Bank Analysts Give OSRAM Licht AG (OSR) a €78.00 Price Target” was originally reported by Watch List News and is the sole property of of Watch List News. If you are reading this article on another site, it was illegally copied and republished in violation of US and international copyright and trademark law. The correct version of this article can be viewed at https://www.watchlistnews.com/baader-bank-analysts-give-osram-licht-ag-osr-a-78-00-price-target/1728189.html.

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)

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