Warburg Research set a €14.00 ($16.28) target price on Leoni (ETR:LEO) in a research report released on Wednesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

Several other brokerages have also recently weighed in on LEO. Independent Research set a €5.60 ($6.51) target price on ElringKlinger and gave the company a sell rating in a report on Tuesday, May 21st. Deutsche Bank increased their target price on Walmart from $118.00 to $120.00 and gave the company a buy rating in a report on Friday, May 17th. UBS Group increased their target price on T. Rowe Price Group from $109.00 to $111.00 and gave the company a neutral rating in a report on Monday. JPMorgan Chase & Co. set a GBX 3,200 ($41.81) target price on Diageo and gave the company a neutral rating in a report on Wednesday. Finally, Nord/LB set a €17.00 ($19.77) target price on Leoni and gave the company a neutral rating in a report on Wednesday, May 15th. Six equities research analysts have rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the company’s stock. The stock presently has an average rating of Hold and an average target price of €19.84 ($23.06).

Shares of Leoni stock traded down €0.43 ($0.50) during trading on Wednesday, hitting €13.16 ($15.30). 401,468 shares of the stock traded hands, compared to its average volume of 187,504. The company has a debt-to-equity ratio of 126.72, a quick ratio of 0.51 and a current ratio of 0.94. The company has a market capitalization of $429.92 million and a PE ratio of -4.30. The business has a fifty day simple moving average of €13.83. Leoni has a 52 week low of €12.68 ($14.74) and a 52 week high of €45.27 ($52.64).

Leoni Company Profile

LEONI AG, together with its subsidiaries, provides products, solutions, and services for energy and data management in the automotive sector and other industries worldwide. It operates in two divisions, Wiring Systems, and Wire & Cable Solutions. The Wiring Systems division provides complete wiring systems and customized cable harnesses for the motor vehicle industry.

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Analyst Recommendations for Leoni (ETR:LEO)

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