Leoni (LEO) PT Set at €15.00 by JPMorgan Chase & Co.

Leoni (ETR:LEO) has been given a €15.00 ($17.44) price target by equities researchers at JPMorgan Chase & Co. in a report issued on Monday, Borsen Zeitung reports. The firm presently has a “sell” rating on the stock. JPMorgan Chase & Co.‘s price target suggests a potential downside of 27.08% from the company’s previous close.

A number of other brokerages also recently weighed in on LEO. Warburg Research set a €36.00 ($41.86) target price on Leoni and gave the company a “neutral” rating in a report on Tuesday, January 29th. Credit Suisse Group set a €30.00 ($34.88) target price on Leoni and gave the company a “neutral” rating in a report on Friday, February 1st. UBS Group set a €21.00 ($24.42) target price on Leoni and gave the company a “sell” rating in a report on Thursday, January 10th. Kepler Capital Markets set a €22.00 ($25.58) target price on Leoni and gave the company a “sell” rating in a report on Friday, January 11th. Finally, Independent Research set a €24.00 ($27.91) target price on Leoni and gave the company a “sell” rating in a report on Friday, February 8th. Six research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of €22.54 ($26.20).

Shares of LEO stock opened at €20.57 ($23.92) on Monday. The firm has a market capitalization of $677.56 million and a price-to-earnings ratio of 8.89. Leoni has a fifty-two week low of €16.93 ($19.69) and a fifty-two week high of €58.24 ($67.72). The company has a debt-to-equity ratio of 74.31, a quick ratio of 0.71 and a current ratio of 1.15.

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.

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Analyst Recommendations for Leoni (ETR:LEO)

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