Leoni (ETR:LEO) PT Set at €7.80 by Kepler Capital Markets
Kepler Capital Markets set a €7.80 ($9.07) target price on Leoni (ETR:LEO) in a research report released on Wednesday morning, Borsen Zeitung reports. The firm currently has a sell rating on the stock.
Several other equities analysts have also commented on the company. JPMorgan Chase & Co. set a €7.60 ($8.84) price objective on Leoni and gave the company a sell rating in a research report on Wednesday. Independent Research set a €8.00 ($9.30) price objective on Leoni and gave the company a sell rating in a research report on Monday, August 19th. Warburg Research set a €14.00 ($16.28) price objective on Leoni and gave the company a neutral rating in a research report on Wednesday, August 14th. Deutsche Bank set a €10.00 ($11.63) price objective on Leoni and gave the company a neutral rating in a research report on Thursday, August 15th. Finally, Hauck & Aufhaeuser set a €4.00 ($4.65) price objective on Leoni and gave the company a sell rating in a research report on Wednesday, October 16th. Six analysts have rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average target price of €13.43 ($15.62).
Shares of Leoni stock traded down €0.10 ($0.12) during trading on Wednesday, hitting €11.56 ($13.44). 343,178 shares of the stock traded hands, compared to its average volume of 187,504. The company has a quick ratio of 0.49, a current ratio of 0.90 and a debt-to-equity ratio of 148.10. The stock has a market cap of $377.49 million and a price-to-earnings ratio of -2.03. The firm’s fifty day moving average is €11.62 and its 200-day moving average is €12.98. Leoni has a 52 week low of €8.08 ($9.39) and a 52 week high of €34.70 ($40.35).
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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