Kepler Capital Markets set a €7.80 ($9.07) target price on Leoni (ETR:LEO) in a research note published on Wednesday, Borsen Zeitung reports. The firm currently has a sell rating on the stock.

A number of other equities research analysts also recently commented on LEO. HSBC set a €11.75 ($13.66) price objective on shares of Leoni and gave the company a buy rating in a research report on Wednesday, August 21st. JPMorgan Chase & Co. set a €7.60 ($8.84) price objective on shares of Leoni and gave the company a sell rating in a research report on Wednesday. Oddo Bhf set a €9.00 ($10.47) price objective on shares of Leoni and gave the company a sell rating in a research report on Tuesday, July 30th. Deutsche Bank set a €10.00 ($11.63) price objective on shares of Leoni and gave the company a neutral rating in a research report on Thursday, August 15th. Finally, Independent Research set a €8.00 ($9.30) price target on shares of Leoni and gave the company a sell rating in a research report on Monday, August 19th. Six research analysts have rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the stock. Leoni currently has an average rating of Hold and a consensus target price of €11.47 ($13.34).

ETR:LEO traded up €0.22 ($0.26) during mid-day trading on Wednesday, reaching €11.78 ($13.69). The stock had a trading volume of 278,107 shares, compared to its average volume of 187,504. The company has a debt-to-equity ratio of 148.10, a quick ratio of 0.49 and a current ratio of 0.90. The firm has a market capitalization of $384.68 million and a price-to-earnings ratio of -2.07. Leoni has a twelve month low of €8.08 ($9.39) and a twelve month high of €34.70 ($40.35). The business has a 50 day simple moving average of €11.63 and a 200 day simple moving average of €12.93.

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.

Further Reading: Gross Domestic Product (GDP)

Analyst Recommendations for Leoni (ETR:LEO)

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