Commerzbank Ag set a €56.00 ($65.88) price objective on Leoni Ag (ETR:LEO) in a research report released on Friday morning. The brokerage currently has a neutral rating on the stock.

Several other research analysts also recently weighed in on the stock. Deutsche Bank AG set a €35.00 ($41.18) target price on shares of Leoni Ag and gave the stock a sell rating in a research report on Monday, May 29th. Nord/LB set a €44.00 ($51.76) target price on shares of Leoni Ag and gave the stock a sell rating in a research report on Friday, May 26th. Berenberg Bank set a €65.00 ($76.47) target price on shares of Leoni Ag and gave the stock a buy rating in a research report on Tuesday, June 13th. Independent Research GmbH set a €56.00 ($65.88) target price on shares of Leoni Ag and gave the stock a neutral rating in a research report on Monday, May 29th. Finally, Hauck & Aufhaeuser set a €64.00 ($75.29) target price on shares of Leoni Ag and gave the stock a buy rating in a research report on Thursday, July 6th. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the stock. Leoni Ag presently has an average rating of Hold and an average price target of €51.36 ($60.43).

Leoni Ag (LEO) opened at 50.08 on Friday. Leoni Ag has a 52 week low of €29.09 and a 52 week high of €55.85. The company’s 50 day moving average is €48.13 and its 200 day moving average is €45.26. The stock has a market cap of €1.64 billion and a P/E ratio of 51.47.

TRADEMARK VIOLATION NOTICE: This article was first published by Watch List News and is owned by of Watch List News. If you are accessing this article on another domain, it was illegally stolen and reposted in violation of international copyright law. The original version of this article can be read at https://www.watchlistnews.com/commerzbank-ag-analysts-give-leoni-ag-etrleo-a-56-00-price-target/1464729.html.

Leoni Ag Company Profile

Leoni AG is a Germany-based company that provides wires, optical fibers, cables, cable systems, and related services. The Company’s main target market is the automotive and commercial vehicles industry, but it also supplies its products to the healthcare, communication and infrastructure, electrical appliances, as well as conductors and copper solutions industries.

Analyst Recommendations for Leoni Ag (ETR:LEO)

Receive News & Ratings for Leoni Ag Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Leoni Ag and related companies with Analyst Ratings Network's FREE daily email newsletter.