Leoni Ag (ETR:LEO) has been assigned an average rating of “Hold” from the ten ratings firms that are currently covering the stock, Marketbeat.com reports. Three analysts have rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is €51.20 ($58.18).

LEO has been the subject of several analyst reports. Nord/LB set a €44.00 ($50.00) price objective on shares of Leoni Ag and gave the stock a “sell” rating in a report on Friday, May 26th. Hauck & Aufhaeuser set a €64.00 ($72.73) price objective on shares of Leoni Ag and gave the stock a “buy” rating in a report on Saturday, May 20th. Deutsche Bank AG set a €35.00 ($39.77) price objective on shares of Leoni Ag and gave the stock a “sell” rating in a report on Monday, May 29th. Berenberg Bank set a €65.00 ($73.86) price objective on shares of Leoni Ag and gave the stock a “buy” rating in a report on Tuesday, June 13th. Finally, Kepler Capital Markets set a €27.00 ($30.68) price objective on shares of Leoni Ag and gave the stock a “sell” rating in a report on Thursday, June 8th.

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Shares of Leoni Ag (ETR LEO) traded up 3.23% during midday trading on Tuesday, hitting €50.53. The company had a trading volume of 2,971 shares. Leoni Ag has a 12-month low of €23.04 and a 12-month high of €55.85. The company’s 50-day moving average price is €49.56 and its 200 day moving average price is €42.97. The company has a market capitalization of €1.65 billion and a price-to-earnings ratio of 51.93.

About Leoni Ag

Leoni AG is a Germany-based company that provides wires, optical fibers, cables, cable systems, and related services. The Company’s main target market is the automotive and commercial vehicles industry, but it also supplies its products to the healthcare, communication and infrastructure, electrical appliances, as well as conductors and copper solutions industries.

Analyst Recommendations for Leoni Ag (ETR:LEO)

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