Credit Suisse Group Analysts Give Leoni (LEO) a €30.00 Price Target

Leoni (ETR:LEO) received a €30.00 ($34.88) price target from equities research analysts at Credit Suisse Group in a research note issued to investors on Monday. The brokerage currently has a “neutral” rating on the stock. Credit Suisse Group’s target price points to a potential upside of 67.22% from the company’s current price.

A number of other brokerages have also recently weighed in on LEO. Independent Research set a €24.00 ($27.91) price objective on shares of Leoni and gave the stock a “sell” rating in a research note on Friday, February 8th. Oddo Bhf set a €22.00 ($25.58) price objective on shares of Leoni and gave the stock a “sell” rating in a research note on Friday, February 8th. UBS Group set a €17.00 ($19.77) price objective on shares of Leoni and gave the stock a “sell” rating in a research note on Friday, February 15th. JPMorgan Chase & Co. set a €25.00 ($29.07) price objective on shares of Leoni and gave the stock a “sell” rating in a research note on Monday. Finally, Kepler Capital Markets set a €22.00 ($25.58) price objective on shares of Leoni and gave the stock a “sell” rating in a research note on Friday, January 11th. Six equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of €27.93 ($32.48).

ETR LEO opened at €17.94 ($20.86) on Monday. The company has a quick ratio of 0.53, a current ratio of 1.03 and a debt-to-equity ratio of 77.36. The company has a market capitalization of $721.66 million and a price-to-earnings ratio of 4.52. Leoni has a 12-month low of €18.91 ($21.98) and a 12-month high of €58.24 ($67.72).

About Leoni

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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Analyst Recommendations for Leoni (ETR:LEO)

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