Independent Research GmbH set a €59.00 ($68.60) price objective on Leoni Ag (ETR:LEO) in a report published on Thursday morning. The brokerage currently has a neutral rating on the stock.

Several other brokerages also recently weighed in on LEO. Warburg Research set a €68.00 ($79.07) price objective on shares of Leoni Ag and gave the company a buy rating in a research report on Thursday. J P Morgan Chase & Co set a €50.00 ($58.14) price objective on shares of Leoni Ag and gave the company a neutral rating in a research report on Wednesday, July 26th. equinet AG set a €51.00 ($59.30) price objective on shares of Leoni Ag and gave the company a neutral rating in a research report on Friday, July 28th. Oddo Bhf set a €68.00 ($79.07) price objective on shares of Leoni Ag and gave the company a buy rating in a research report on Monday, November 13th. Finally, Deutsche Bank AG set a €46.00 ($53.49) price objective on shares of Leoni Ag and gave the company a sell rating in a research report on Thursday. Four investment analysts have rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the stock. The company currently has an average rating of Hold and an average price target of €54.46 ($63.33).

Shares of Leoni Ag (ETR LEO) opened at €59.46 ($69.14) on Thursday. Leoni Ag has a 52-week low of €29.02 ($33.74) and a 52-week high of €59.96 ($69.72).

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Leoni Ag Company Profile

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.

Analyst Recommendations for Leoni Ag (ETR:LEO)

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