JPMorgan Chase & Co. set a €12.00 ($13.95) target price on Leoni (ETR:LEO) in a research note issued to investors on Wednesday, Borsen Zeitung reports. The brokerage currently has a sell rating on the stock.
LEO has been the topic of several other research reports. HSBC cut shares of easyJet to a hold rating in a research note on Tuesday, April 2nd. Nord/LB set a €17.00 ($19.77) target price on shares of Leoni and gave the company a neutral rating in a research note on Wednesday, May 15th. Hauck & Aufhaeuser set a €60.00 ($69.77) target price on shares of ADO Properties and gave the company a buy rating in a research note on Monday, May 13th. Credit Suisse Group set a €14.50 ($16.86) target price on shares of Assicurazioni Generali and gave the company a sell rating in a research note on Monday, March 18th. Finally, Kepler Capital Markets reissued a hold rating on shares of Continental in a research note on Friday, June 28th. Six research 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. The company presently has an average rating of Hold and an average price target of €19.84 ($23.06).
Leoni stock traded down €0.43 ($0.50) during trading hours on Wednesday, hitting €13.16 ($15.30). 401,468 shares of the company traded hands, compared to its average volume of 187,504. The company has a market cap of $429.92 million and a price-to-earnings ratio of -4.30. The company has a current ratio of 0.94, a quick ratio of 0.51 and a debt-to-equity ratio of 126.72. The firm’s 50-day moving average price is €13.83. Leoni has a 1-year low of €12.68 ($14.74) and a 1-year high of €45.27 ($52.64).
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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