Leoni (LEO) PT Set at €30.00 by Kepler Capital Markets

Leoni (ETR:LEO) has been given a €30.00 ($37.04) price objective by Kepler Capital Markets in a research note issued on Thursday. The brokerage currently has a “sell” rating on the stock. Kepler Capital Markets’ target price indicates a potential downside of 45.39% from the company’s current price.

Several other equities analysts have also recently issued reports on LEO. UBS Group set a €39.00 ($48.15) price target on shares of Leoni and gave the company a “sell” rating in a research report on Wednesday, October 11th. Warburg Research set a €65.00 ($80.25) price objective on Leoni and gave the stock a “buy” rating in a research note on Monday, October 16th. Deutsche Bank set a €46.00 ($56.79) price objective on Leoni and gave the stock a “sell” rating in a research note on Friday, October 20th. Commerzbank set a €56.00 ($69.14) price objective on Leoni and gave the stock a “neutral” rating in a research note on Tuesday, October 24th. Finally, Nord/LB set a €47.00 ($58.02) price target on Leoni and gave the company a “sell” rating in a research note on Tuesday, October 24th. Four equities research analysts have rated the stock with a sell rating, six have issued a hold rating and four have assigned a buy rating to the company’s stock. Leoni has a consensus rating of “Hold” and an average price target of €57.36 ($70.81).

Shares of Leoni (ETR:LEO) traded down €1.26 ($1.56) during midday trading on Thursday, reaching €54.94 ($67.83). 396,321 shares of the company’s stock traded hands, compared to its average volume of 153,968. Leoni has a 1 year low of €35.74 ($44.12) and a 1 year high of €66.18 ($81.70). The firm has a market cap of $1,790.00 and a PE ratio of 15.01.

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Leoni 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.

Analyst Recommendations for Leoni (ETR:LEO)

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