Leoni (ETR:LEO) received a €25.00 ($29.07) target price from JPMorgan Chase & Co. in a research note issued to investors on Monday. The firm currently has a “sell” rating on the stock. JPMorgan Chase & Co.‘s price objective would indicate a potential upside of 38.50% from the stock’s current price.
A number of other research firms have also weighed in on LEO. Warburg Research set a €36.00 ($41.86) price target on shares of Leoni and gave the stock a “neutral” rating in a research report on Tuesday, January 29th. Credit Suisse Group set a €30.00 ($34.88) price target on shares of Leoni and gave the stock a “neutral” rating in a research report on Friday, February 1st. UBS Group set a €21.00 ($24.42) price target on shares of Leoni and gave the stock a “sell” rating in a research report on Thursday, January 10th. Kepler Capital Markets set a €27.00 ($31.40) price target on shares of Leoni and gave the stock a “sell” rating in a research report on Friday, December 14th. Finally, Hauck & Aufhaeuser set a €40.00 ($46.51) price target on shares of Leoni and gave the stock a “buy” rating in a research report on Thursday, December 13th. Six analysts have rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of €25.00 ($29.07).
LEO opened at €18.05 ($20.99) on Monday. The stock has a market cap of $589.68 million and a P/E ratio of 4.55. Leoni has a twelve month low of €18.91 ($21.98) and a twelve month high of €58.24 ($67.72). The company has a current ratio of 1.03, a quick ratio of 0.53 and a debt-to-equity ratio of 77.36.
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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