Oddo Bhf Reiterates €68.00 Price Target for Leoni Ag (LEO)
Leoni Ag (ETR:LEO) has been assigned a €68.00 ($79.07) price objective by investment analysts at Oddo Bhf in a report issued on Tuesday. The brokerage presently has a “buy” rating on the stock. Oddo Bhf’s price target points to a potential upside of 14.54% from the stock’s current price.
Other equities analysts also recently issued reports about the stock. Berenberg Bank set a €70.00 ($81.40) price target on shares of Leoni Ag and gave the stock a “buy” rating in a research note on Friday, August 25th. Hauck & Aufhaeuser set a €67.00 ($77.91) price target on shares of Leoni Ag and gave the stock a “buy” rating in a research note on Friday, July 21st. Warburg Research set a €65.00 ($75.58) target price on shares of Leoni Ag and gave the stock a “buy” rating in a research report on Friday, July 14th. Commerzbank Ag set a €56.00 ($65.12) target price on shares of Leoni Ag and gave the stock a “neutral” rating in a research report on Friday, July 28th. Finally, equinet AG set a €51.00 ($59.30) price target on shares of Leoni Ag and gave the company a “neutral” rating in a report on Friday, July 28th. Four analysts have rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of €53.62 ($62.34).
Shares of Leoni Ag (ETR LEO) opened at €58.98 ($68.58) on Tuesday. Leoni Ag has a twelve month low of €29.02 ($33.74) and a twelve month high of €59.97 ($69.73).
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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.
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