Independent Research set a €23.50 ($27.33) target price on Jenoptik (ETR:JEN) in a research note issued to investors on Friday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Several other research analysts have also commented on the stock. Hauck & Aufhaeuser set a €28.00 ($32.56) price target on shares of Jenoptik and gave the company a buy rating in a report on Wednesday, April 29th. DZ Bank reissued a neutral rating on shares of Jenoptik in a research note on Monday, May 25th. Baader Bank set a €23.00 ($26.74) target price on shares of Jenoptik and gave the company a buy rating in a report on Tuesday, May 19th. Warburg Research set a €29.00 ($33.72) price target on Jenoptik and gave the company a buy rating in a report on Wednesday, May 13th. Finally, Kepler Capital Markets set a €25.00 ($29.07) price objective on Jenoptik and gave the stock a neutral rating in a research note on Wednesday, February 12th. Five equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and an average price target of €23.93 ($27.82).
Jenoptik stock opened at €21.66 ($25.19) on Friday. The company has a market cap of $1.24 billion and a price-to-earnings ratio of 19.85. Jenoptik has a 12 month low of €12.99 ($15.10) and a 12 month high of €29.55 ($34.36). The company has a debt-to-equity ratio of 27.29, a current ratio of 1.96 and a quick ratio of 1.29. The stock’s 50-day moving average is €19.63 and its 200-day moving average is €22.31.
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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