Leoni Ag (LEO) Given a €39.00 Price Target at UBS AG
Leoni Ag (ETR:LEO) has been assigned a €39.00 ($46.43) target price by UBS AG in a research report issued to clients and investors on Thursday. The firm presently has a “sell” rating on the stock.
A number of other research firms have also recently commented on LEO. Deutsche Bank AG set a €35.00 ($41.67) target price on Leoni Ag and gave the company a “sell” rating in a research note on Saturday, May 20th. J P Morgan Chase & Co set a €50.00 ($59.52) target price on Leoni Ag and gave the company a “neutral” rating in a research note on Wednesday, July 26th. equinet AG set a €51.00 ($60.71) target price on Leoni Ag and gave the company a “neutral” rating in a research note on Friday, July 28th. Hauck & Aufhaeuser set a €64.00 ($76.19) target price on Leoni Ag and gave the company a “buy” rating in a research note on Thursday, July 6th. Finally, Nord/LB set a €44.00 ($52.38) target price on Leoni Ag and gave the company a “sell” rating in a research note on Friday, May 26th. Four investment analysts have rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of €51.00 ($60.71).
Leoni Ag (ETR LEO) opened at 52.305 on Thursday. The stock has a 50 day moving average price of €51.66 and a 200-day moving average price of €48.31. Leoni Ag has a 1-year low of €29.09 and a 1-year high of €56.04. The stock has a market cap of €1.71 billion and a PE ratio of 25.842.
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About Leoni Ag
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.
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