Leoni (ETR:LEO) Given a €13.00 Price Target at Deutsche Bank
Deutsche Bank set a €13.00 ($15.12) price objective on Leoni (ETR:LEO) in a report released on Wednesday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Several other analysts have also weighed in on the company. Hauck & Aufhaeuser set a €60.00 ($69.77) price objective on ADO Properties and gave the company a buy rating in a research note on Monday, May 13th. Kepler Capital Markets reaffirmed a hold rating on shares of Continental in a research note on Friday, June 28th. Credit Suisse Group set a €14.50 ($16.86) price objective on Assicurazioni Generali and gave the company a sell rating in a research note on Monday, March 18th. Oddo Bhf set a €23.60 ($27.44) price objective on RWE and gave the company a neutral rating in a research note on Thursday, May 16th. Finally, Independent Research set a €5.60 ($6.51) price objective on ElringKlinger and gave the company a sell rating in a research note on Tuesday, May 21st. Six investment analysts have rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company. The company has a consensus rating of Hold and a consensus target price of €19.84 ($23.06).
ETR:LEO traded down €0.43 ($0.50) during trading hours on Wednesday, hitting €13.16 ($15.30). The company’s stock had a trading volume of 401,468 shares, compared to its average volume of 187,504. The stock has a fifty day simple moving average of €13.83. The stock has a market capitalization of $429.92 million and a P/E ratio of -4.30. The company has a debt-to-equity ratio of 126.72, a current ratio of 0.94 and a quick ratio of 0.51. Leoni has a twelve month low of €12.68 ($14.74) and a twelve month 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.
Featured Article: Is a Roth IRA right for you?
Receive News & Ratings for Leoni Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Leoni and related companies with MarketBeat.com's FREE daily email newsletter.