OSRAM Licht (ETR:OSR) Rating Reaffirmed
They currently have a EUR 44.00 price target on OSRAM Licht (ETR:OSR). The target price by HSBC would suggest a potential upside of 13.14% from the company’s last price. This has been announced to investors in a recent research report on Wednesday, 2 December.
From a total of 9 analysts covering OSRAM Licht (ETR:OSR) stock, 5 rate it a ”Buy”, 2 a “Sell”, and 2 a ”Hold”. This means that 56% of the ratings are positive. The highest target price is €65 while the lowest target price is €34. The mean of all analyst targets is €49.89 with a 28.65% above today’s (€38.78) stock price. OSRAM Licht was the topic of 18 analyst reports since July 27, 2015 according to the firm StockzIntelligence Inc. Deutsche Bank upgraded shares on November 17 to “Buy” rating. Baader Wertpapierhandelsbank maintained shares with “Hold” rating and €50 target share price in a report from an October 3. Landesbank upgraded OSR stock in a recent report from November 13 to “Buy” rating. Commerzbank upgraded the rating on October 3. Commerzbank has a “Buy” rating and a €60 price target on shares. Finally, UBS downgraded the stock to “Sell” rating in a report issued on a November 12.
The stock decreased 2.94% or EUR 1.17 on December 1, striking EUR 38.78. Approximately 607,762 shares of stock traded hands or 16.71% up from the average. Osram Licht AG (ETR:OSR) has risen 6.00% since November 2, 2015 and is uptrending. It has outperformed by 7.62% the S&P500.
Osram Licht AG is a Germany-based company active in the field of lighting fixtures. The company has a market cap of 3.98 billion EUR. The Firm develops and makes lamps, lighting systems, electronic control gears, opto semiconductors such as light-emitting diodes , as well as luminaries, light management systems and lighting solutions for indoor and outdoor environments. It has 37.18 P/E ratio. The Company’s activities are diversified into five core divisions: Classic Lamps and Ballasts (CLB), Specialty Lighting (SL), Opto Semiconductors (OS), Luminaries and Solutions (LS), and LED Lamps and Solutions (LLS).