Credit Suisse Group Trims ams-OSRAM (OTCMKTS:AMSSY) Target Price to CHF 13.80

ams-OSRAM (OTCMKTS:AMSSY – Get Rating) had its target price trimmed by Credit Suisse Group from CHF 17.70 to CHF 13.80 in a research report released on Wednesday morning, The Fly reports.

A number of other brokerages also recently issued reports on AMSSY. JPMorgan Chase & Co. reduced their price objective on ams-OSRAM from CHF 23 to CHF 22.50 in a research note on Wednesday, January 12th. Jefferies Financial Group started coverage on ams-OSRAM in a research report on Thursday, February 17th. They set a hold rating on the stock. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of Hold and an average price target of $16.77.

Shares of OTCMKTS:AMSSY opened at $6.24 on Wednesday. The company has a market capitalization of $3.42 billion, a PE ratio of 10.92 and a beta of 1.62. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.09 and a quick ratio of 0.78. The business has a fifty day moving average price of $7.01 and a two-hundred day moving average price of $8.31. ams-OSRAM has a 1 year low of $5.83 and a 1 year high of $10.79.

ams-OSRAM (OTCMKTS:AMSSY – Get Rating) last announced its quarterly earnings data on Tuesday, February 8th. The company reported $0.25 earnings per share (EPS) for the quarter. The firm had revenue of $1.41 billion during the quarter. ams-OSRAM had a positive return on equity of 9.11% and a negative net margin of 0.77%. Sell-side analysts anticipate that ams-OSRAM will post 0.6 earnings per share for the current year.

About ams-OSRAM (Get Rating)

ams-OSRAM AG designs, manufactures, and sells analog and analog intensive mixed signal integrated circuits in Europe, the Middle East, Africa, the Americas, and the Asia/Pacific. The company operates through Consumer, Non-Consumer, and OSRAM segments. It offers 3D, audio, capacitive, CMOS image, light, medical and health, position, power management, temperature, and smart light management sensors; wireless sensor nodes; sensor interfaces; and analog and mixed signal application specific integrated circuit solutions for the automotive, industry, medical, and smart building, as well as mobile, consumer, and communication markets.

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