Warburg Research set a €14.00 ($16.28) target price on Leoni (ETR:LEO) in a report published on Wednesday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
A number of other equities research analysts also recently issued reports on the company. Oddo Bhf set a €23.60 ($27.44) price target on RWE and gave the company a neutral rating in a research report on Thursday, May 16th. Hauck & Aufhaeuser set a €60.00 ($69.77) target price on ADO Properties and gave the stock a buy rating in a research report on Monday, May 13th. HSBC downgraded easyJet to a hold rating in a research report on Tuesday, April 2nd. Credit Suisse Group set a €14.50 ($16.86) target price on Assicurazioni Generali and gave the stock a sell rating in a research report on Monday, March 18th. Finally, Nord/LB set a €17.00 ($19.77) target price on Leoni and gave the stock a neutral rating in a research report on Wednesday, May 15th. Six investment analysts have rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company. The company has an average rating of Hold and an average target price of €19.84 ($23.06).
LEO stock opened at €13.08 ($15.21) on Wednesday. The firm’s 50-day moving average price is €13.82. Leoni has a 12-month low of €12.68 ($14.74) and a 12-month high of €45.27 ($52.64). The company has a debt-to-equity ratio of 126.72, a quick ratio of 0.51 and a current ratio of 0.94. The stock has a market capitalization of $427.31 million and a P/E ratio of -4.27.
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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