Leoni Ag (LEO) Given a €39.00 Price Target by UBS AG Analysts
Leoni Ag (ETR:LEO) has been given a €39.00 ($45.88) price objective by investment analysts at UBS AG in a note issued to investors on Wednesday. The brokerage currently has a “sell” rating on the stock.
Other equities analysts have also issued reports about the company. Commerzbank Ag set a €56.00 ($65.88) target price on Leoni Ag and gave the company a “neutral” rating in a report on Friday, July 28th. Hauck & Aufhaeuser set a €64.00 ($75.29) target price on Leoni Ag and gave the company a “buy” rating in a report on Tuesday, June 13th. Warburg Research set a €65.00 ($76.47) target price on Leoni Ag and gave the company a “buy” rating in a report on Friday, July 28th. Independent Research GmbH set a €55.00 ($64.71) target price on Leoni Ag and gave the company a “neutral” rating in a report on Monday, July 31st. Finally, J P Morgan Chase & Co set a €50.00 ($58.82) target price on Leoni Ag and gave the company a “neutral” rating in a report on Thursday, August 10th. Four investment analysts have rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the company. The stock has an average rating of “Hold” and an average price target of €51.50 ($60.59).
Leoni Ag (ETR LEO) traded down 0.116% on Wednesday, reaching €55.997. The company had a trading volume of 830 shares. Leoni Ag has a 12 month low of €29.09 and a 12 month high of €58.63. The firm has a market capitalization of €1.83 billion and a PE ratio of 27.667. The stock has a 50 day moving average of €53.95 and a 200 day moving average of €50.40.
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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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