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Berenberg Bank Remains a Buy on Logitech (LOGI)

Tipranks - Tue May 12, 12:44AM CDT

In a report released on May 8, Lucas Glemser from Berenberg Bank maintained a Buy rating on Logitech, with a price target of CHF115.00. The company’s shares closed last Friday at CHF84.30.

Claim 55% Off TipRanks

According to TipRanks, Glemser is a 4-star analyst with an average return of 25.2% and a 59.09% success rate.

Logitech has an analyst consensus of Moderate Buy, with a price target consensus of CHF95.47, representing a 13.25% upside. In a report released on May 7, Citi also maintained a Buy rating on the stock with a $124.00 price target.

LOGI market cap is currently CHF11.9B and has a P/E ratio of 23.05.

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