JP Morgan Chase & Co. Reiterates The Neutral Rating They’ve had for OSRAM Licht (ETR:OSR) Shares

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OSRAM Licht (ETR:OSR) Rating Reaffirmed

In analysts note revealed to investors and clients by JP Morgan Chase & Co. on 5 December, The Rating on OSRAM Licht (ETR:OSR) shares of a ‘Neutral’ was maintained.

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 €48.56 with a 29.08% above today’s (€37.62) stock price. OSRAM Licht was the topic of 19 analyst reports since July 27, 2015 according to the firm StockzIntelligence Inc. HSBC maintained shares on December 2 with “Hold” rating. Baader Wertpapierhandelsbank maintained shares with “Hold” rating and €50 target share price in a report from an October 3. Bankhaus Lampe upgraded OSR stock in a recent report from November 16 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 increased 1.52% or EUR 0.56 on December 4, striking EUR 37.62. Approximately 468,511 shares of stock traded hands. Osram Licht AG (ETR:OSR) has risen 6.00% since November 5, 2015 and is uptrending. It has outperformed by 8.78% the S&P500.

JP Morgan Chase & Co. Reiterates The Neutral Rating They’ve had for OSRAM Licht (ETR:OSR) Shares

Osram Licht AG is a Germany-based company active in the field of lighting fixtures. The company has a market cap of 3.94 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 36.06 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).

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