Jenoptik AG (JEN) Target Price Issued at €22.50 by Independent Research GmbH

Jenoptik AG (JEN) Target Price Issued at €22.50 by Independent Research GmbH

Jenoptik AG (ETR:JEN) has been assigned a €22.50 ($25.28) target price by stock analysts at Independent Research GmbH in a report issued on Monday. The firm presently has a “sell” rating on the stock.

Other research analysts have also recently issued research reports about the company. Kepler Capital Markets set a €27.50 ($30.90) price objective on Jenoptik AG and gave the stock a “buy” rating in a research report on Monday. Warburg Research set a €24.00 ($26.97) price objective on Jenoptik AG and gave the stock a “neutral” rating in a research report on Monday. DZ Bank AG reissued a “neutral” rating on shares of Jenoptik AG in a research report on Monday. HSBC Holdings plc set a €22.00 ($24.72) price objective on Jenoptik AG and gave the stock a “neutral” rating in a research report on Monday. Finally, Baader Bank set a €22.00 ($24.72) price objective on Jenoptik AG and gave the stock a “neutral” rating in a research report on Saturday, May 20th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of €23.50 ($26.40).

Shares of Jenoptik AG (ETR:JEN) traded down 1.206% during midday trading on Monday, reaching €24.905. The company’s stock had a trading volume of 720 shares. The stock has a market cap of €1.43 billion and a PE ratio of 24.040. The firm has a 50-day moving average of €24.60 and a 200-day moving average of €20.01. Jenoptik AG has a one year low of €12.62 and a one year high of €26.85.

About Jenoptik AG

Jenoptik AG is a Germany-based company engaged in the field of optoelectronics. The group’s activities are divided into three segments: Optics & Life Science, Mobility and Defense & Civil Systems. In the Optics & Life Science segment, the Company specializes in the development and manufacture of micro-optics, optoelectronic modules as well as integrated solutions.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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