Leoni (LEO) Given a €17.00 Price Target at UBS Group

Leoni (ETR:LEO) received a €17.00 ($19.77) price objective from research analysts at UBS Group in a research note issued to investors on Wednesday, Borsen Zeitung reports. The brokerage currently has a “sell” rating on the stock. UBS Group’s price objective would indicate a potential upside of 13.64% from the company’s previous close.

Several other brokerages also recently commented on LEO. Independent Research set a €24.00 ($27.91) price objective on Leoni and gave the company a “sell” rating in a research report on Friday, February 8th. Oddo Bhf set a €16.00 ($18.60) target price on Leoni and gave the stock a “sell” rating in a research report on Tuesday, March 19th. JPMorgan Chase & Co. set a €15.00 ($17.44) target price on Leoni and gave the stock a “sell” rating in a research report on Wednesday. Kepler Capital Markets set a €17.00 ($19.77) target price on Leoni and gave the stock a “sell” rating in a research report on Wednesday, April 10th. Finally, Nord/LB set a €23.00 ($26.74) target price on Leoni and gave the stock a “buy” rating in a research report on Monday, February 11th. Six research analysts have rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of €21.54 ($25.04).

Shares of Leoni stock opened at €14.96 ($17.40) on Wednesday. Leoni has a 52 week low of €16.93 ($19.69) and a 52 week high of €58.24 ($67.72). The stock has a market capitalization of $492.65 million and a PE ratio of 6.46. The company has a current ratio of 1.15, a quick ratio of 0.71 and a debt-to-equity ratio of 74.31.

About Leoni

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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