Leoni (ETR:LEO) Given a €5.20 Price Target at Kepler Capital Markets
Leoni (ETR:LEO) received a €5.20 ($6.05) target price from investment analysts at Kepler Capital Markets in a research report issued to clients and investors on Thursday, Borsen Zeitung reports. The brokerage presently has a “sell” rating on the stock. Kepler Capital Markets’ target price indicates a potential downside of 25.29% from the stock’s previous close.
Several other equities research analysts have also issued reports on the company. Hauck & Aufhaeuser set a €7.00 ($8.14) price target on Leoni and gave the stock a “sell” rating in a research note on Wednesday, February 26th. Independent Research set a €9.70 ($11.28) price target on Leoni and gave the stock a “sell” rating in a research note on Wednesday, February 26th. JPMorgan Chase & Co. set a €5.00 ($5.81) price target on Leoni and gave the stock a “sell” rating in a research note on Monday. HSBC set a €8.00 ($9.30) price target on Leoni and gave the stock a “neutral” rating in a research note on Friday, March 20th. Finally, Warburg Research set a €10.00 ($11.63) price target on Leoni and gave the stock a “neutral” rating in a research note on Monday, March 16th. Six equities research analysts have rated the stock with a sell rating and four have given a hold rating to the company. The stock presently has an average rating of “Sell” and a consensus price target of €9.09 ($10.57).
LEO stock traded down €0.23 ($0.27) during mid-day trading on Thursday, hitting €6.96 ($8.09). 176,930 shares of the stock were exchanged, compared to its average volume of 187,504. The company has a debt-to-equity ratio of 173.03, a current ratio of 0.85 and a quick ratio of 0.45. The business has a fifty day moving average price of €9.20 and a 200 day moving average price of €10.73. Leoni has a 12 month low of €5.37 ($6.24) and a 12 month high of €21.70 ($25.23). The stock has a market capitalization of $225.87 million and a price-to-earnings ratio of -0.76.
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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