Berenberg Bank set a €70.00 ($82.35) price target on Leoni Ag (ETR:LEO) in a research note published on Friday. The firm currently has a buy rating on the stock.

Other analysts have also recently issued research reports about the company. Warburg Research set a €65.00 ($76.47) target price on Leoni Ag and gave the stock a buy rating in a report on Saturday, May 20th. Hauck & Aufhaeuser set a €64.00 ($75.29) target price on Leoni Ag and gave the stock a buy rating in a report on Tuesday, June 13th. Independent Research GmbH set a €56.00 ($65.88) target price on Leoni Ag and gave the stock a neutral rating in a report on Saturday, May 20th. J P Morgan Chase & Co set a €50.00 ($58.82) target price on Leoni Ag and gave the stock a neutral rating in a report on Saturday, May 20th. Finally, Macquarie set a €50.00 ($58.82) target price 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 assigned a hold rating and three have given a buy rating to the stock. The stock presently has a consensus rating of Hold and an average price target of €52.09 ($61.28).

Shares of Leoni Ag (ETR:LEO) traded up 3.17% during trading on Friday, reaching €54.63. 19,207 shares of the company’s stock were exchanged. The company’s 50-day moving average is €50.33 and its 200 day moving average is €46.93. Leoni Ag has a 52 week low of €29.09 and a 52 week high of €56.03. The stock has a market capitalization of €1.78 billion and a PE ratio of 26.99.

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Leoni Ag Company Profile

LEONI AG, together with its subsidiaries, provides wires, optical fibers, cables, and cable systems; and related services for applications in the automotive and other industries worldwide. It operates in two segments, Wire & Cable Solutions, and Wiring Systems. The Wire & Cable Solutions segment develops, produces, and assembles wires and stands, optical fibers, standard and special cables, hybrid and optical cables, and various cable systems.

Analyst Recommendations for Leoni Ag (ETR:LEO)

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