Leoni (LEO) Given a €17.00 Price Target by Nord/LB Analysts
Nord/LB set a €17.00 ($19.77) target price on Leoni (ETR:LEO) in a research report sent to investors on Wednesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
LEO has been the subject of several other reports. Hauck & Aufhaeuser set a €10.00 ($11.63) target price on shares of Leoni and gave the company a sell rating in a research note on Monday. Credit Suisse Group set a €30.00 ($34.88) target price on shares of Leoni and gave the company a neutral rating in a research note on Monday, March 18th. Warburg Research set a €36.00 ($41.86) price objective on shares of Leoni and gave the stock a neutral rating in a research report on Friday, February 8th. Oddo Bhf set a €15.00 ($17.44) price objective on shares of Leoni and gave the stock a sell rating in a research report on Tuesday, April 16th. Finally, UBS Group set a €17.00 ($19.77) price objective on shares of Leoni and gave the stock a sell rating in a research report on Monday, March 18th. Six equities research analysts have rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company’s stock. Leoni presently has an average rating of Hold and an average price target of €21.54 ($25.04).
Shares of LEO traded down €0.56 ($0.65) during trading hours on Wednesday, hitting €14.66 ($17.05). The stock had a trading volume of 656,471 shares, compared to its average volume of 187,504. The company has a debt-to-equity ratio of 74.31, a current ratio of 1.15 and a quick ratio of 0.71. Leoni has a fifty-two week low of €16.93 ($19.69) and a fifty-two week high of €58.24 ($67.72). The stock has a market cap of $488.40 million and a P/E ratio of 6.33.
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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