Independent Research GmbH set a €71.00 ($83.53) target price on Osram Licht AG (FRA:OSR) in a report published on Friday morning. The brokerage currently has a neutral rating on the stock.

A number of other brokerages have also recently issued reports on OSR. UBS AG set a €86.00 ($101.18) price objective on Osram Licht AG and gave the stock a buy rating in a report on Thursday, July 27th. Deutsche Bank AG set a €80.00 ($94.12) price objective on Osram Licht AG and gave the stock a buy rating in a report on Monday, July 24th. Baader Bank set a €60.00 ($70.59) price objective on Osram Licht AG and gave the stock a neutral rating in a report on Thursday, July 20th. Berenberg Bank set a €87.00 ($102.35) price objective on Osram Licht AG and gave the stock a buy rating in a report on Wednesday, July 19th. Finally, Commerzbank Ag set a €76.00 ($89.41) price objective on Osram Licht AG and gave the stock a buy rating in a report on Wednesday, July 12th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and six have assigned a buy rating to the company’s stock. Osram Licht AG presently has a consensus rating of Hold and a consensus target price of €71.35 ($83.94).

Osram Licht AG (FRA:OSR) opened at 69.41 on Friday. The firm has a 50-day moving average price of €70.42 and a 200 day moving average price of €62.33. The firm has a market cap of €6.71 billion and a PE ratio of 51.68. Osram Licht AG has a 12-month low of €43.36 and a 12-month high of €73.31.

TRADEMARK VIOLATION NOTICE: This article was first published by Watch List News and is owned by of Watch List News. If you are reading this article on another website, it was stolen and reposted in violation of United States & international copyright legislation. The correct version of this article can be read at https://www.watchlistnews.com/osram-licht-ag-osr-given-a-71-00-price-target-at-independent-research-gmbh/1464775.html.

Analyst Recommendations for Osram Licht AG (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.