Leoni Ag (LEO) Given a €65.00 Price Target by Warburg Research Analysts
Leoni Ag (ETR:LEO) has been assigned a €65.00 ($76.47) price target by equities researchers at Warburg Research in a report issued on Monday. The firm currently has a “buy” rating on the stock.
A number of other analysts have also recently commented on the company. Hauck & Aufhaeuser set a €64.00 ($75.29) price objective on Leoni Ag and gave the company a “buy” rating in a research report on Thursday, July 6th. J P Morgan Chase & Co set a €50.00 ($58.82) price objective on Leoni Ag and gave the company a “neutral” rating in a research report on Wednesday, July 26th. equinet AG set a €51.00 ($60.00) price objective on Leoni Ag and gave the company a “neutral” rating in a research report on Friday, July 28th. Commerzbank Ag set a €56.00 ($65.88) price objective on Leoni Ag and gave the company a “neutral” rating in a research report on Friday, July 28th. Finally, Deutsche Bank AG set a €35.00 ($41.18) price objective on Leoni Ag and gave the company a “sell” rating in a research report on Friday, July 28th. Four investment analysts have rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of €51.50 ($60.59).
Shares of Leoni Ag (ETR:LEO) opened at 57.545 on Monday. The stock has a market capitalization of €1.88 billion and a price-to-earnings ratio of 28.431. Leoni Ag has a 12 month low of €29.09 and a 12 month high of €58.63. The stock’s 50 day moving average price is €54.32 and its 200 day moving average price is €50.65.
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.
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