Leoni (LEO) Given a €17.00 Price Target at Nord/LB

Leoni (ETR:LEO) received a €17.00 ($19.77) price objective from analysts at Nord/LB in a research report issued to clients and investors on Wednesday, Borsen Zeitung reports. The brokerage currently has a “neutral” rating on the stock. Nord/LB’s price objective suggests a potential upside of 13.64% from the stock’s current price.

Several other brokerages also recently issued reports 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. Independent Research set a €24.00 ($27.91) price target on shares of Leoni and gave the stock a “sell” rating in a research report on Friday, February 8th. 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 Friday, February 8th. Finally, JPMorgan Chase & Co. set a €25.00 ($29.07) price target on shares of Leoni and gave the stock a “sell” rating in a research report on Friday, February 8th. Six equities 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 company. Leoni has an average rating of “Hold” and a consensus price target of €21.54 ($25.04).

Shares of ETR LEO opened at €14.96 ($17.40) on Wednesday. The stock has a market cap of $492.65 million and a P/E ratio of 6.46. 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 has a 12-month low of €16.93 ($19.69) and a 12-month high of €58.24 ($67.72).

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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