JPMorgan Chase & Co. set a €25.00 ($29.07) target price on Leoni (ETR:LEO) in a research note released on Friday morning. The brokerage currently has a sell rating on the stock.
LEO has been the subject of a number of other research reports. Warburg Research set a €54.00 ($62.79) price target on Leoni and gave the stock a buy rating in a research report on Wednesday, November 14th. Hauck & Aufhaeuser set a €40.00 ($46.51) price target on Leoni and gave the stock a buy rating in a research report on Thursday, December 13th. Kepler Capital Markets set a €22.00 ($25.58) price objective on Leoni and gave the company a sell rating in a report on Friday, January 11th. Deutsche Bank set a €33.00 ($38.37) price objective on Leoni and gave the company a neutral rating in a report on Thursday, November 15th. Finally, UBS Group set a €29.00 ($33.72) price objective on Leoni and gave the company a sell rating in a report on Tuesday, October 23rd. Six analysts have rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the stock. The company presently has an average rating of Hold and a consensus target price of €28.21 ($32.81).
ETR:LEO opened at €20.27 ($23.57) on Friday. Leoni has a twelve month low of €39.21 ($45.59) and a twelve month high of €66.20 ($76.98).
LEONI AG, together with its subsidiaries, provides products, solutions, and services for energy and data management in the automotive sector and other industries worldwide. It operates in two divisions, Wiring Systems, and Wire & Cable Solutions. The Wiring Systems division provides complete wiring systems and customized cable harnesses for the motor vehicle industry.
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