Jenoptik (ETR:JEN) received a €25.00 ($29.07) target price from investment analysts at Kepler Capital Markets in a research note issued to investors on Tuesday, Borsen Zeitung reports. The brokerage currently has a “neutral” rating on the stock. Kepler Capital Markets’ price target would indicate a potential downside of 13.49% from the company’s previous close.
A number of other brokerages also recently issued reports on JEN. Baader Bank set a €29.00 ($33.72) price target on Jenoptik and gave the company a “neutral” rating in a report on Thursday, October 31st. Independent Research set a €24.20 ($28.14) price target on Jenoptik and gave the company a “neutral” rating in a report on Monday, September 2nd. Hauck & Aufhaeuser set a €31.50 ($36.63) price target on Jenoptik and gave the company a “buy” rating in a report on Friday. HSBC set a €23.00 ($26.74) price target on Jenoptik and gave the company a “neutral” rating in a report on Friday, September 27th. Finally, Warburg Research set a €32.00 ($37.21) price target on Jenoptik and gave the company a “buy” rating in a report on Monday, October 7th. Six research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Jenoptik currently has an average rating of “Hold” and an average target price of €27.10 ($31.51).
JEN opened at €28.90 ($33.60) on Tuesday. The company has a market cap of $1.63 billion and a P/E ratio of 21.14. The business’s 50-day moving average price is €24.54 and its 200-day moving average price is €26.21. The company has a current ratio of 2.02, a quick ratio of 1.10 and a debt-to-equity ratio of 26.78. Jenoptik has a 12 month low of €20.05 ($23.31) and a 12 month high of €36.80 ($42.79).
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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