Barclays Reiterates “€100.00” Price Target for OSRAM Licht (OSR)
OSRAM Licht (FRA:OSR) received a €100.00 ($117.65) target price from Barclays in a report issued on Wednesday. The brokerage presently has a “buy” rating on the stock. Barclays’ price target indicates a potential upside of 41.68% from the stock’s current price.
A number of other equities analysts have also recently commented on the company. Independent Research set a €71.00 ($83.53) price target on OSRAM Licht and gave the stock a “neutral” rating in a report on Tuesday, October 10th. UBS set a €86.00 ($101.18) price target on OSRAM Licht and gave the stock a “buy” rating in a report on Monday, September 25th. Morgan Stanley set a €54.50 ($64.12) price target on OSRAM Licht and gave the stock a “sell” rating in a report on Monday, November 13th. Baader Bank set a €65.00 ($76.47) price target on OSRAM Licht and gave the stock a “neutral” rating in a report on Tuesday, November 7th. Finally, J P Morgan Chase & Co set a €59.00 ($69.41) price target on OSRAM Licht and gave the stock a “neutral” rating in a report on Wednesday, November 15th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and ten have issued a buy rating to the stock. OSRAM Licht currently has a consensus rating of “Buy” and an average target price of €76.28 ($89.74).
OSRAM Licht (FRA OSR) opened at €72.88 ($85.74) on Wednesday. OSRAM Licht has a fifty-two week low of €46.75 ($55.00) and a fifty-two week high of €73.31 ($86.25).
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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.
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