Other equities research analysts also recently issued reports about the company. UBS Group set a €86.00 ($102.38) price objective on OSRAM Licht and gave the stock a buy rating in a report on Tuesday, November 7th. Berenberg Bank set a €87.00 ($103.57) price objective on OSRAM Licht and gave the stock a buy rating in a report on Thursday, September 21st. Societe Generale set a €90.00 ($107.14) price objective on OSRAM Licht and gave the stock a buy rating in a report on Tuesday. Bankhaus Lampe set a €87.00 ($103.57) price objective on OSRAM Licht and gave the stock a buy rating in a report on Tuesday, October 10th. Finally, Commerzbank set a €76.00 ($90.48) price objective on OSRAM Licht and gave the stock a buy rating in a report on Wednesday, October 4th. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and ten have given a buy rating to the company’s stock. OSRAM Licht presently has an average rating of Hold and an average price target of €76.97 ($91.63).
Shares of OSRAM Licht (FRA:OSR) opened at €76.68 ($91.29) on Tuesday. OSRAM Licht has a twelve month low of €51.17 ($60.92) and a twelve month high of €79.42 ($94.55). The company has a market capitalization of $8,030.00 and a PE ratio of 27.48.
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OSRAM Licht Company Profile
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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