Leoni (LEO) Given a €65.00 Price Target by HSBC Analysts

HSBC set a €65.00 ($77.38) price objective on Leoni (ETR:LEO) in a research note published on Tuesday. The brokerage currently has a buy rating on the stock.

A number of other research analysts have also recently issued reports on the stock. Nord/LB set a €62.00 ($73.81) price objective on shares of Leoni and gave the company a buy rating in a research note on Thursday, May 17th. Credit Suisse Group set a €53.00 ($63.10) price objective on shares of Leoni and gave the company a neutral rating in a research note on Thursday, May 17th. Independent Research set a €59.00 ($70.24) price objective on shares of Leoni and gave the company a neutral rating in a research note on Thursday, May 17th. Deutsche Bank set a €55.00 ($65.48) price objective on shares of Leoni and gave the company a neutral rating in a research note on Thursday, May 17th. Finally, UBS set a €54.00 ($64.29) price objective on shares of Leoni and gave the company a neutral rating in a research note on Thursday, May 17th. One analyst has rated the stock with a sell rating, seven have given a hold rating and six have issued a buy rating to the company’s stock. Leoni presently has an average rating of Hold and a consensus price target of €60.21 ($71.68).

Shares of Leoni opened at €55.44 ($66.00) on Tuesday, MarketBeat reports. Leoni has a 1 year low of €39.21 ($46.68) and a 1 year high of €66.20 ($78.81).

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.

Analyst Recommendations for Leoni (ETR:LEO)

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