Osram Licht (OSAGF) Earns “Buy” Rating from DZ Bank

DZ Bank restated their buy rating on shares of Osram Licht (OTCMKTS:OSAGF) in a report issued on Wednesday, Borsen Zeitung reports.

Several other research analysts have also issued reports on the company. ValuEngine upgraded Osram Licht from a sell rating to a hold rating in a research report on Thursday, May 9th. Zacks Investment Research lowered Osram Licht from a hold rating to a strong sell rating in a report on Thursday, May 9th. Finally, Societe Generale upgraded Osram Licht from a sell rating to a hold rating in a report on Thursday, February 14th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company. Osram Licht presently has an average rating of Hold and an average price target of $51.00.

OTCMKTS:OSAGF opened at $32.09 on Wednesday. Osram Licht has a 12-month low of $32.09 and a 12-month high of $63.47. The firm has a market capitalization of $3.36 billion, a PE ratio of 10.66, a P/E/G ratio of 1.77 and a beta of 0.80.

About Osram Licht

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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