Leoni Ag (ETR:LEO) has been assigned a €47.00 ($55.29) price target by equities researchers at Nord/LB in a research report issued to clients and investors on Tuesday. The firm currently has a “sell” rating on the stock.

Other equities research analysts also recently issued research reports about the stock. Commerzbank Ag set a €56.00 ($65.88) 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 ($65.88) price objective on shares of Leoni Ag and gave the stock a “neutral” rating in a research report on Saturday, May 20th. Macquarie set a €50.00 ($58.82) price objective on shares of Leoni Ag and gave the stock a “neutral” rating in a research report on Saturday, May 20th. J P Morgan Chase & Co set a €50.00 ($58.82) price objective on shares of Leoni Ag and gave the stock a “neutral” rating in a research report on Saturday, May 20th. Finally, Hauck & Aufhaeuser set a €64.00 ($75.29) price objective on shares of Leoni Ag and gave the stock a “buy” rating in a research report on Tuesday, June 13th. Three research analysts have rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of €51.64 ($60.75).

Shares of Leoni Ag (LEO) opened at 52.617 on Tuesday. Leoni Ag has a 52 week low of €29.09 and a 52 week high of €55.85. The firm has a market cap of €1.72 billion and a price-to-earnings ratio of 54.077. The firm’s 50 day moving average is €48.81 and its 200-day moving average is €46.10.

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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.

Analyst Recommendations for Leoni Ag (ETR:LEO)

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