Hauck & Aufhaeuser set a €4.00 ($4.65) target price on Leoni (ETR:LEO) in a report published on Thursday morning, Borsen Zeitung reports. The firm currently has a sell rating on the stock.
A number of other research analysts have also recently commented on the stock. Independent Research set a €13.20 ($15.35) price target on shares of Leoni and gave the stock a sell rating in a research note on Tuesday, July 16th. Warburg Research set a €14.00 ($16.28) target price on shares of Leoni and gave the company a neutral rating in a research note on Wednesday, August 14th. 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. UBS Group set a €11.00 ($12.79) target price on shares of Leoni and gave the company a sell rating in a research note on Monday, July 8th. Finally, Oddo Bhf set a €9.00 ($10.47) target price on shares of Leoni and gave the company a sell rating in a research note on Tuesday, July 30th. 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’s stock. Leoni currently has an average rating of Hold and an average price target of €19.16 ($22.28).
Shares of LEO opened at €8.49 ($9.87) on Thursday. The stock has a market cap of $277.43 million and a price-to-earnings ratio of -2.77. The company has a quick ratio of 0.51, a current ratio of 0.94 and a debt-to-equity ratio of 126.72. Leoni has a 12 month low of €9.09 ($10.57) and a 12 month high of €43.70 ($50.81). The company has a 50-day moving average price of €12.45 and a two-hundred day moving average price of €17.50.
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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