Kepler Capital Markets set a €7.80 ($9.07) price objective on Leoni (ETR:LEO) in a research note published on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a sell rating on the stock.
A number of other research analysts have also recently commented on LEO. Oddo Bhf set a €9.00 ($10.47) price target on Leoni and gave the company a sell rating in a research report on Tuesday, July 30th. Deutsche Bank set a €10.00 ($11.63) price target on Leoni and gave the company a neutral rating in a research report on Thursday, August 15th. JPMorgan Chase & Co. set a €7.60 ($8.84) price target on Leoni and gave the company a sell rating in a research report on Wednesday. Warburg Research set a €14.00 ($16.28) price target on Leoni and gave the company a neutral rating in a research report on Wednesday, August 14th. Finally, Independent Research set a €8.00 ($9.30) price target on Leoni and gave the company a sell rating in a research report on Monday, August 19th. Six investment analysts have rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and a consensus target price of €13.43 ($15.62).
LEO stock traded down €0.10 ($0.12) during midday trading on Wednesday, hitting €11.56 ($13.44). The company’s stock had a trading volume of 343,178 shares, compared to its average volume of 187,504. The stock’s 50-day moving average price is €11.62 and its 200 day moving average price is €12.98. The company has a quick ratio of 0.49, a current ratio of 0.90 and a debt-to-equity ratio of 148.10. Leoni has a 1 year low of €8.08 ($9.39) and a 1 year high of €34.70 ($40.35). The stock has a market cap of $377.49 million and a price-to-earnings ratio of -2.03.
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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