Deutsche Bank AG set a €46.00 ($54.12) price target on Leoni Ag (ETR:LEO) in a report published on Friday, October 20th. The brokerage currently has a sell rating on the stock.
Other equities analysts have also issued reports about the company. Berenberg Bank set a €70.00 ($82.35) target price on Leoni Ag and gave the stock a buy rating in a research report on Friday, August 25th. Warburg Research set a €65.00 ($76.47) target price on Leoni Ag and gave the stock a buy rating in a research report on Friday, July 28th. Hauck & Aufhaeuser set a €67.00 ($78.82) target price on Leoni Ag and gave the stock a buy rating in a research report on Friday, July 21st. Independent Research GmbH set a €55.00 ($64.71) target price on Leoni Ag and gave the stock a neutral rating in a research report on Monday, July 31st. Finally, Commerzbank Ag set a €56.00 ($65.88) target price on Leoni Ag and gave the stock a neutral rating in a research report on Friday, July 28th. Four equities research analysts have rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the stock. Leoni Ag currently has an average rating of Hold and an average price target of €52.42 ($61.67).
Shares of Leoni Ag (ETR LEO) opened at 57.63 on Friday. The firm has a market capitalization of €1.88 billion and a price-to-earnings ratio of 28.47. Leoni Ag has a 52 week low of €29.09 and a 52 week high of €58.68. The company’s 50-day moving average is €55.43 and its 200 day moving average is €51.16.
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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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