Leoni Ag (LEO) Given a €39.00 Price Target by UBS AG Analysts
Leoni Ag (ETR:LEO) received a €39.00 ($45.88) target price from UBS AG in a note issued to investors on Wednesday, www.boersen-zeitung.de reports. The brokerage presently has a “sell” rating on the stock.
Several other analysts also recently weighed in on the stock. equinet AG set a €57.00 ($67.06) target price on shares of Leoni Ag and gave the company a “neutral” rating in a report on Monday. Berenberg Bank set a €70.00 ($82.35) price target on shares of Leoni Ag and gave the stock a “buy” rating in a research note on Wednesday, September 20th. Kepler Capital Markets set a €27.00 ($31.76) price target on shares of Leoni Ag and gave the stock a “sell” rating in a research note on Tuesday, September 19th. Warburg Research set a €65.00 ($76.47) price target on shares of Leoni Ag and gave the stock a “buy” rating in a research note on Monday, September 18th. Finally, Nord/LB set a €47.00 ($55.29) price target on shares of Leoni Ag and gave the stock a “sell” rating in a research note on Tuesday, August 15th. Four investment analysts have rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of €51.50 ($60.59).
Shares of Leoni Ag (LEO) traded down 0.116% on Wednesday, reaching €55.997. The company had a trading volume of 830 shares. Leoni Ag has a 1-year low of €29.09 and a 1-year high of €58.63. The stock has a market capitalization of €1.83 billion and a P/E ratio of 27.667. The company’s 50 day moving average price is €53.95 and its 200-day moving average price is €50.40.
Leoni Ag Company Profile
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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