equinet AG Reiterates “€57.00” Price Target for Leoni Ag (LEO)
LEO has been the subject of a number of other research reports. Warburg Research set a €65.00 ($76.47) target price on Leoni Ag and gave the company a buy rating in a research note on Monday, September 11th. Hauck & Aufhaeuser set a €64.00 ($75.29) target price on Leoni Ag and gave the company a buy rating in a research note on Tuesday, June 13th. UBS AG set a €39.00 ($45.88) target price on Leoni Ag and gave the company a sell rating in a research note on Friday, September 8th. Commerzbank Ag set a €56.00 ($65.88) target price on Leoni Ag and gave the company a neutral rating in a research note on Friday, July 28th. Finally, Nord/LB set a €47.00 ($55.29) target price on Leoni Ag and gave the company a sell rating in a research note on Tuesday, August 15th. Four investment analysts have rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company’s stock. Leoni Ag currently has an average rating of Hold and a consensus price target of €51.50 ($60.59).
Leoni Ag (ETR LEO) opened at 55.356 on Monday. The firm has a market capitalization of €1.81 billion and a P/E ratio of 27.350. The stock’s 50 day moving average price is €54.15 and its 200-day moving average price is €50.51. Leoni Ag has a 12 month low of €29.09 and a 12 month high of €58.63.
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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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