Leoni (ETR:LEO) PT Set at €14.00 by Warburg Research
Warburg Research set a €14.00 ($16.28) target price on Leoni (ETR:LEO) in a report published on Wednesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Several other brokerages have also recently issued reports on LEO. JPMorgan Chase & Co. set a GBX 3,200 ($41.81) price objective on Diageo and gave the stock a neutral rating in a report on Wednesday. HSBC cut easyJet to a hold rating in a report on Tuesday, April 2nd. Kepler Capital Markets reaffirmed a hold rating on shares of Continental in a report on Friday, June 28th. UBS Group lifted their price objective on T. Rowe Price Group from $109.00 to $111.00 and gave the stock a neutral rating in a report on Monday, July 8th. Finally, Hauck & Aufhaeuser set a €60.00 ($69.77) price objective on ADO Properties and gave the stock a buy rating in a report on Monday, May 13th. Six equities 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 company’s stock. The stock presently has a consensus rating of Hold and an average price target of €19.84 ($23.06).
Shares of LEO stock opened at €13.08 ($15.21) on Wednesday. The business’s fifty day moving average price is €13.82. The firm has a market capitalization of $427.31 million and a PE ratio of -4.27. Leoni has a 1 year low of €12.68 ($14.74) and a 1 year high of €45.27 ($52.64). The company has a debt-to-equity ratio of 126.72, a quick ratio of 0.51 and a current ratio of 0.94.
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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