Leoni Ag (ETR:LEO) has been assigned a €64.00 ($71.91) price target by analysts at Hauck & Aufhaeuser in a research report issued on Tuesday. The firm presently has a “buy” rating on the stock.

A number of other equities analysts have also recently issued reports on LEO. Warburg Research set a €65.00 ($73.03) price objective on shares of Leoni Ag and gave the stock a “buy” rating in a research report on Saturday, May 20th. J P Morgan Chase & Co set a €50.00 ($56.18) price objective on shares of Leoni Ag and gave the stock a “neutral” rating in a research report on Saturday, May 20th. Independent Research GmbH set a €56.00 ($62.92) price objective on shares of Leoni Ag and gave the stock a “neutral” rating in a research report on Saturday, May 20th. Deutsche Bank AG set a €35.00 ($39.33) price objective on shares of Leoni Ag and gave the stock a “sell” rating in a research report on Saturday, May 20th. Finally, Commerzbank Ag set a €56.00 ($62.92) price objective on shares of Leoni Ag and gave the stock a “neutral” rating in a research report on Saturday, May 20th. Three analysts have rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company’s stock. Leoni Ag currently has an average rating of “Hold” and a consensus target price of €51.20 ($57.53).

Analyst Recommendations for Leoni Ag (ETR:LEO)

Shares of Leoni Ag (LEO) opened at 49.936 on Tuesday. The stock’s 50 day moving average is €50.39 and its 200 day moving average is €41.51. Leoni Ag has a 1-year low of €23.04 and a 1-year high of €55.85. The company has a market capitalization of €1.63 billion and a PE ratio of 51.322.

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About Leoni Ag

Leoni AG is a Germany-based company that provides wires, optical fibers, cables, cable systems, and related services. The Company’s main target market is the automotive and commercial vehicles industry, but it also supplies its products to the healthcare, communication and infrastructure, electrical appliances, as well as conductors and copper solutions industries.

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