Leoni Ag (ETR:LEO) has been assigned a €55.00 ($64.71) price objective by analysts at Independent Research GmbH in a note issued to investors on Thursday. The brokerage currently has a “neutral” rating on the stock.

Several other research analysts also recently weighed in on LEO. Warburg Research set a €65.00 ($76.47) price target on Leoni Ag and gave the company a “buy” rating in a report on Saturday, May 20th. J P Morgan Chase & Co set a €50.00 ($58.82) price objective on Leoni Ag and gave the stock a “neutral” rating in a report on Saturday, May 20th. Deutsche Bank AG set a €35.00 ($41.18) price objective on Leoni Ag and gave the stock a “sell” rating in a report on Saturday, May 20th. Hauck & Aufhaeuser set a €64.00 ($75.29) price objective on Leoni Ag and gave the stock a “buy” rating in a report on Saturday, May 20th. Finally, Commerzbank Ag set a €56.00 ($65.88) price objective on Leoni Ag and gave the stock a “neutral” rating in a report on Saturday, May 20th. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of €51.36 ($60.43).

Shares of Leoni Ag (ETR LEO) opened at 52.60 on Thursday. The company has a 50 day moving average price of €48.46 and a 200 day moving average price of €45.81. Leoni Ag has a 12-month low of €29.09 and a 12-month high of €55.85. The firm has a market cap of €1.72 billion and a PE ratio of 54.06.

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Leoni Ag Company Profile

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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