Leoni (ETR:LEO) PT Set at €11.00 by UBS Group

UBS Group set a €11.00 ($12.79) target price on Leoni (ETR:LEO) in a research report released on Thursday, Borsen Zeitung reports. The firm currently has a sell rating on the stock.

Several other research firms have also recently weighed in on LEO. Oddo Bhf set a €16.00 ($18.60) price objective on shares of Leoni and gave the stock a sell rating in a research report on Tuesday, March 19th. JPMorgan Chase & Co. set a €15.00 ($17.44) target price on shares of Leoni and gave the stock a sell rating in a report on Wednesday, May 15th. Deutsche Bank set a €13.00 ($15.12) target price on shares of Leoni and gave the stock a neutral rating in a report on Friday, May 17th. Kepler Capital Markets set a €17.00 ($19.77) target price on shares of Leoni and gave the stock a sell rating in a report on Wednesday, April 10th. Finally, Independent Research set a €17.50 ($20.35) target price on shares of Leoni and gave the stock a sell rating in a report on Wednesday, March 20th. 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 an average target price of €20.62 ($23.98).

LEO stock opened at €12.93 ($15.03) on Thursday. The company has a debt-to-equity ratio of 126.72, a current ratio of 0.94 and a quick ratio of 0.51. Leoni has a fifty-two week low of €12.68 ($14.74) and a fifty-two week high of €54.16 ($62.98). The company has a market capitalization of $424.37 million and a P/E ratio of -4.22.

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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