Independent Research GmbH Analysts Give Leoni Ag (LEO) a €55.00 Price Target

Independent Research GmbH set a €55.00 ($64.71) price target on Leoni Ag (ETR:LEO) in a research note released on Thursday morning. The firm currently has a neutral rating on the stock.

Other equities research analysts also recently issued research reports about the stock. Commerzbank Ag set a €56.00 ($65.88) target price on shares of Leoni Ag and gave the company a neutral rating in a research note on Saturday, May 20th. Macquarie set a €50.00 ($58.82) target price on shares of Leoni Ag and gave the company a neutral rating in a research note on Saturday, May 20th. J P Morgan Chase & Co set a €50.00 ($58.82) target price on shares of Leoni Ag and gave the company a neutral rating in a research note on Saturday, May 20th. Hauck & Aufhaeuser set a €64.00 ($75.29) target price on shares of Leoni Ag and gave the company a buy rating in a research note on Tuesday, June 13th. Finally, Warburg Research set a €65.00 ($76.47) target price on shares of Leoni Ag and gave the company a buy rating in a research note on Saturday, May 20th. Three 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. Leoni Ag presently has an average rating of Hold and a consensus target price of €51.36 ($60.43).

Leoni Ag (ETR LEO) opened at 52.01 on Thursday. The company has a market capitalization of €1.70 billion and a P/E ratio of 53.45. The stock has a 50 day moving average of €48.67 and a 200-day moving average of €45.95. Leoni Ag has a 52-week low of €29.09 and a 52-week high of €55.85.

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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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