Leoni (ETR:LEO) Given a €5.00 Price Target at JPMorgan Chase & Co.

JPMorgan Chase & Co. set a €5.00 ($5.81) target price on Leoni (ETR:LEO) in a research note released on Monday, Borsen Zeitung reports. The firm currently has a sell rating on the stock.

Several other equities research analysts have also recently commented on LEO. Warburg Research set a €10.00 ($11.63) price target on shares of Leoni and gave the stock a neutral rating in a research report on Monday, March 16th. Hauck & Aufhaeuser set a €7.00 ($8.14) price target on shares of Leoni and gave the stock a sell rating in a research report on Wednesday, February 26th. Kepler Capital Markets set a €7.20 ($8.37) price target on shares of Leoni and gave the stock a sell rating in a research report on Monday, March 16th. HSBC set a €8.00 ($9.30) price target on shares of Leoni and gave the stock a neutral rating in a research report on Friday, March 20th. Finally, Independent Research set a €9.70 ($11.28) price target on shares of Leoni and gave the stock a sell rating in a research report on Wednesday, February 26th. Six investment analysts have rated the stock with a sell rating and four have assigned a hold rating to the stock. The stock presently has an average rating of Sell and an average target price of €9.09 ($10.57).

Shares of Leoni stock opened at €7.03 ($8.17) on Monday. The company has a current ratio of 0.85, a quick ratio of 0.45 and a debt-to-equity ratio of 173.03. The company’s 50-day moving average price is €9.20 and its two-hundred day moving average price is €10.73. Leoni has a 52 week low of €5.37 ($6.24) and a 52 week high of €21.70 ($25.23). The stock has a market cap of $229.53 million and a PE ratio of -0.77.

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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