Leoni (ETR:LEO) Given a €13.00 Price Target at Deutsche Bank
Deutsche Bank set a €13.00 ($15.12) price objective on Leoni (ETR:LEO) in a research note released on Wednesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
LEO has been the subject of a number of other reports. Hauck & Aufhaeuser set a €60.00 ($69.77) price target on ADO Properties and gave the stock a buy rating in a report on Monday, May 13th. HSBC cut easyJet to a hold rating in a report on Tuesday, April 2nd. Nord/LB set a €17.00 ($19.77) price target on Leoni and gave the stock a neutral rating in a report on Wednesday, May 15th. Credit Suisse Group set a €14.50 ($16.86) price target on Assicurazioni Generali and gave the stock a sell rating in a report on Monday, March 18th. Finally, Independent Research set a €5.60 ($6.51) target price on ElringKlinger and gave the company a sell rating in a report on Tuesday, May 21st. Six analysts have rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus target price of €19.84 ($23.06).
ETR LEO opened at €13.08 ($15.21) on Wednesday. The stock has a market cap of $427.31 million and a PE ratio of -4.27. The company has a current ratio of 0.94, a quick ratio of 0.51 and a debt-to-equity ratio of 126.72. Leoni has a twelve month low of €12.68 ($14.74) and a twelve month high of €45.27 ($52.64). The business’s fifty day simple moving average is €13.82.
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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