UBS AG Reiterates “€86.00” Price Target for Osram Licht AG (FRA:OSR)
UBS AG set a €86.00 ($100.00) price target on Osram Licht AG (FRA:OSR) in a research note issued to investors on Thursday, www.boersen-zeitung.de reports. The brokerage currently has a buy rating on the stock.
OSR has been the topic of several other reports. Jefferies Group LLC set a €90.00 ($104.65) target price on shares of Osram Licht AG and gave the stock a buy rating in a report on Saturday, May 20th. Deutsche Bank AG set a €80.00 ($93.02) price objective on shares of Osram Licht AG and gave the company a buy rating in a research report on Wednesday, May 31st. Morgan Stanley set a €54.50 ($63.37) price objective on shares of Osram Licht AG and gave the company a sell rating in a research report on Wednesday, July 5th. HSBC Holdings plc set a €80.00 ($93.02) price objective on shares of Osram Licht AG and gave the company a buy rating in a research report on Friday, July 7th. Finally, Commerzbank Ag set a €76.00 ($88.37) price objective on shares of Osram Licht AG and gave the company a buy rating in a research report on Wednesday, July 12th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the stock. The company has an average rating of Hold and an average target price of €72.23 ($83.99).
Osram Licht AG (FRA OSR) opened at 68.854 on Thursday. The company’s 50 day moving average is €70.43 and its 200 day moving average is €62.05. Osram Licht AG has a 12-month low of €43.36 and a 12-month high of €73.31. The company has a market cap of €6.66 billion and a price-to-earnings ratio of 51.269.
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