Independent Research Analysts Give Leoni (LEO) a €17.50 Price Target

Leoni (ETR:LEO) has been given a €17.50 ($20.35) price objective by Independent Research in a report issued on Wednesday. The brokerage presently has a “sell” rating on the stock. Independent Research’s price objective suggests a potential downside of 3.05% from the stock’s previous close.

A number of other analysts have also recently issued reports on the company. JPMorgan Chase & Co. set a €25.00 ($29.07) target price on Leoni and gave the company a “sell” rating in a research report on Friday, February 8th. Credit Suisse Group set a €30.00 ($34.88) target price on Leoni and gave the company a “neutral” rating in a research report on Friday, February 1st. Warburg Research set a €36.00 ($41.86) target price on Leoni and gave the company a “neutral” rating in a research report on Friday, February 8th. Oddo Bhf set a €22.00 ($25.58) target price on Leoni and gave the company a “sell” rating in a research report on Friday, February 8th. Finally, Deutsche Bank set a €33.00 ($38.37) target price on Leoni and gave the company a “neutral” rating in a research report on Friday, February 8th. Six investment analysts have rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the stock. Leoni presently has an average rating of “Hold” and an average price target of €24.54 ($28.53).

Shares of LEO remained flat at $€18.05 ($20.99) during mid-day trading on Wednesday. The stock had a trading volume of 542,176 shares, compared to its average volume of 187,504. The stock has a market cap of $589.68 million and a P/E ratio of 4.55. The company has a current ratio of 1.03, a quick ratio of 0.53 and a debt-to-equity ratio of 77.36. Leoni has a fifty-two week low of €18.91 ($21.98) and a fifty-two week high of €58.24 ($67.72).

Leoni Company Profile

LEONI AG, together with its subsidiaries, provides products, solutions, and services for energy and data management in the automotive sector and other industries worldwide. It operates in two divisions, Wiring Systems, and Wire & Cable Solutions. The Wiring Systems division provides complete wiring systems and customized cable harnesses for the motor vehicle industry.

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Analyst Recommendations for Leoni (ETR:LEO)

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