HSBC set a €23.00 ($26.74) price objective on Jenoptik (ETR:JEN) in a research report sent to investors on Friday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Several other equities research analysts also recently weighed in on the stock. Warburg Research set a €32.00 ($37.21) target price on shares of Jenoptik and gave the stock a neutral rating in a research note on Thursday, August 8th. Independent Research set a €24.50 ($28.49) target price on shares of Jenoptik and gave the stock a sell rating in a research note on Friday, August 9th. Kepler Capital Markets set a €34.50 ($40.12) target price on shares of Jenoptik and gave the stock a neutral rating in a research note on Thursday, May 9th. Baader Bank set a €29.00 ($33.72) price target on shares of Jenoptik and gave the stock a neutral rating in a report on Thursday, August 8th. Finally, Deutsche Bank set a €25.00 ($29.07) price target on shares of Jenoptik and gave the stock a neutral rating in a report on Wednesday. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the stock. The company presently has a consensus rating of Hold and an average price target of €28.57 ($33.22).
Shares of JEN opened at €21.00 ($24.42) on Friday. Jenoptik has a fifty-two week low of €22.02 ($25.60) and a fifty-two week high of €36.80 ($42.79). The company has a market capitalization of $1.20 billion and a price-to-earnings ratio of 15.36. The firm has a 50-day simple moving average of €25.26 and a 200-day simple moving average of €29.87. The company has a debt-to-equity ratio of 26.78, a quick ratio of 1.10 and a current ratio of 2.02.
Jenoptik AG operates as an integrated photonics company in Germany and internationally. The company's Opticals & Life Science division develops and manufactures micro-optics for beam shaping for use in the semiconductor industry, as well as for laser material processing; and optical systems and components for information and communication, security, and defense technologies.
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