Leoni (ETR:LEO) has been given a €15.00 ($17.44) price target by equities researchers at Oddo Bhf in a research note issued to investors on Tuesday, Borsen Zeitung reports. The firm presently has a “sell” rating on the stock. Oddo Bhf’s target price indicates a potential downside of 28.67% from the stock’s current price.
Other equities research analysts have also issued research reports about the company. Nord/LB set a €23.00 ($26.74) price target on Leoni and gave the stock a “buy” rating in a research note on Monday, February 11th. Credit Suisse Group set a €30.00 ($34.88) price target on Leoni and gave the stock a “neutral” rating in a research note on Monday, December 17th. Warburg Research set a €36.00 ($41.86) target price on Leoni and gave the company a “neutral” rating in a research note on Friday, February 8th. Deutsche Bank set a €33.00 ($38.37) target price on Leoni and gave the company a “neutral” rating in a research note on Friday, February 8th. Finally, HSBC set a €17.00 ($19.77) target price on Leoni and gave the company a “neutral” rating in a research note on Tuesday, April 2nd. Six investment analysts have rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of €22.46 ($26.12).
Shares of LEO stock opened at €21.03 ($24.45) on Tuesday. The company has a debt-to-equity ratio of 74.31, a current ratio of 1.15 and a quick ratio of 0.71. Leoni has a 12-month low of €16.93 ($19.69) and a 12-month high of €58.24 ($67.72). The stock has a market cap of $687.03 million and a price-to-earnings ratio of 9.08.
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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