Leoni Ag (LEO) PT Set at €39.00 by UBS AG
Leoni Ag (ETR:LEO) has been given a €39.00 ($46.43) price objective by equities researchers at UBS AG in a research report issued to clients and investors on Friday, www.boersen-zeitung.de reports. The firm currently has a “sell” rating on the stock.
Several other equities analysts have also recently commented on the stock. Deutsche Bank AG set a €35.00 ($41.67) price target on shares of Leoni Ag and gave the company a “sell” rating in a research report on Monday, May 29th. Hauck & Aufhaeuser set a €64.00 ($76.19) price target on shares of Leoni Ag and gave the company a “buy” rating in a research report on Thursday, July 6th. Nord/LB set a €44.00 ($52.38) price target on shares of Leoni Ag and gave the company a “sell” rating in a research report on Friday, May 26th. Berenberg Bank set a €65.00 ($77.38) price target on shares of Leoni Ag and gave the company a “buy” rating in a research report on Tuesday, June 13th. Finally, Warburg Research set a €65.00 ($77.38) price target on shares of Leoni Ag and gave the company a “buy” rating in a research report on Friday, July 28th. Four investment analysts have rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of €51.00 ($60.71).
Shares of Leoni Ag (LEO) traded down 5.308% during trading on Friday, reaching €50.589. 8,843 shares of the company were exchanged. The firm has a 50-day moving average price of €51.43 and a 200-day moving average price of €47.92. Leoni Ag has a 1-year low of €29.09 and a 1-year high of €56.04. The stock has a market capitalization of €1.65 billion and a P/E ratio of 24.995.
About Leoni Ag
LEONI AG, together with its subsidiaries, provides wires, optical fibers, cables, and cable systems; and related services for applications in the automotive and other industries worldwide. It operates in two segments, Wire & Cable Solutions, and Wiring Systems. The Wire & Cable Solutions segment develops, produces, and assembles wires and stands, optical fibers, standard and special cables, hybrid and optical cables, and various cable systems.
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