Leoni (ETR:LEO) received a €33.00 ($38.37) price objective from stock analysts at Kepler Capital Markets in a research report issued on Thursday, September 20th. The firm presently has a “sell” rating on the stock. Kepler Capital Markets’ target price suggests a potential upside of 0.15% from the stock’s current price.
A number of other brokerages have also recently commented on LEO. Berenberg Bank set a €75.00 ($87.21) target price on shares of Leoni and gave the company a “buy” rating in a research report on Thursday, May 24th. Hauck & Aufhaeuser set a €74.00 ($86.05) price objective on shares of Leoni and gave the stock a “buy” rating in a research report on Friday, June 22nd. Warburg Research set a €75.00 ($87.21) price objective on shares of Leoni and gave the stock a “buy” rating in a research report on Thursday, July 5th. HSBC set a €55.00 ($63.95) price objective on shares of Leoni and gave the stock a “buy” rating in a research report on Tuesday, August 7th. Finally, UBS Group set a €54.00 ($62.79) price objective on shares of Leoni and gave the stock a “neutral” rating in a research report on Tuesday, July 10th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and five have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of €47.93 ($55.73).
ETR:LEO traded up €1.07 ($1.24) during trading hours on Thursday, reaching €32.95 ($38.31). 216,169 shares of the company were exchanged, compared to its average volume of 187,504. Leoni has a twelve month low of €39.21 ($45.59) and a twelve month high of €66.20 ($76.98).
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.
Read More: What are the Benefits of Index Funds?
Receive News & Ratings for Leoni Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Leoni and related companies with MarketBeat.com's FREE daily email newsletter.