Shares of Osram Licht AG (FRA:OSR) have received a consensus rating of “Hold” from the twelve research firms that are covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and one has given a buy rating to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is €38.38 ($44.62).
Several research firms recently commented on OSR. Berenberg Bank set a €41.00 ($47.67) target price on Osram Licht and gave the stock a “neutral” rating in a report on Monday, December 2nd. Deutsche Bank set a €44.00 ($51.16) target price on Osram Licht and gave the stock a “neutral” rating in a report on Wednesday, February 5th. Nord/LB set a €41.00 ($47.67) target price on Osram Licht and gave the stock a “sell” rating in a report on Tuesday, December 10th. UBS Group set a €46.00 ($53.49) target price on Osram Licht and gave the stock a “neutral” rating in a report on Thursday, February 6th. Finally, Independent Research set a €49.00 ($56.98) target price on Osram Licht and gave the stock a “neutral” rating in a report on Tuesday.
Osram Licht stock traded down €0.10 ($0.12) during midday trading on Friday, hitting €47.75 ($55.52). 34,808 shares of the company were exchanged. Osram Licht has a fifty-two week low of €54.80 ($63.72) and a fifty-two week high of €79.42 ($92.35). The business has a fifty day simple moving average of €45.43 and a two-hundred day simple moving average of €40.41.
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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