Osram Licht (FRA:OSR) has been assigned a €30.00 ($34.88) price objective by research analysts at Independent Research in a research note issued on Tuesday, Borsen Zeitung reports. The brokerage presently has a “neutral” rating on the stock. Independent Research’s price target points to a potential upside of 7.57% from the stock’s previous close.

Several other brokerages have also recently weighed in on OSR. JPMorgan Chase & Co. set a €35.00 ($40.70) price target on shares of Osram Licht and gave the stock a “neutral” rating in a research note on Tuesday, April 30th. Jefferies Financial Group set a €40.00 ($46.51) price target on shares of Osram Licht and gave the stock a “buy” rating in a research note on Wednesday, May 15th. Nord/LB set a €35.00 ($40.70) price target on shares of Osram Licht and gave the stock a “neutral” rating in a research note on Friday, January 25th. Berenberg Bank set a €38.00 ($44.19) price target on shares of Osram Licht and gave the stock a “neutral” rating in a research note on Thursday, January 24th. Finally, UBS Group set a €37.00 ($43.02) price target on shares of Osram Licht and gave the stock a “neutral” rating in a research note on Thursday, February 7th. Twelve investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of €36.20 ($42.09).

Shares of OSR opened at €27.89 ($32.43) on Tuesday. Osram Licht has a twelve month low of €54.80 ($63.72) and a twelve month high of €79.42 ($92.35).

About Osram Licht

OSRAM Licht AG provides various lighting products and solutions worldwide. It operates through three segments: Opto Semiconductors, Specialty Lighting, and Lighting Solutions & Systems. The company manufactures light-emitting diodes (LEDs) that are used in general lighting, automotive, consumer, and industrial applications, as well as infrared, laser, and optical sensors for the automotive, smartphone, wearable, general lighting, industrial lighting, and projection sectors, as well as lighting for plants.

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Analyst Recommendations for Osram Licht (FRA:OSR)

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