Hauck & Aufhaeuser Reiterates “€4.00” Price Target for Leoni (ETR:LEO)

Hauck & Aufhaeuser set a €4.00 ($4.65) price target on Leoni (ETR:LEO) in a research note published on Thursday, Borsen Zeitung reports. The brokerage currently has a sell rating on the stock.

LEO has been the subject of several other reports. Nord/LB set a €17.00 ($19.77) price target on Leoni and gave the company a neutral rating in a research report on Wednesday, May 15th. Kepler Capital Markets set a €12.00 ($13.95) price target on Leoni and gave the company a sell rating in a research report on Friday, June 28th. Independent Research set a €13.20 ($15.35) price target on Leoni and gave the company a sell rating in a research report on Tuesday, July 16th. JPMorgan Chase & Co. set a €12.00 ($13.95) price target on Leoni and gave the company a sell rating in a research report on Wednesday. Finally, Oddo Bhf set a €9.00 ($10.47) price target on Leoni and gave the company a sell rating in a research report on Tuesday, July 30th. Six equities research analysts have rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating to the company. Leoni has an average rating of Hold and an average price target of €19.16 ($22.28).

Shares of ETR LEO opened at €8.49 ($9.87) on Thursday. The stock has a 50 day moving average price of €12.45 and a 200 day moving average price of €17.50. Leoni has a 52 week low of €9.09 ($10.57) and a 52 week high of €43.70 ($50.81). 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 $277.43 million and a PE ratio of -2.77.

About Leoni

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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Analyst Recommendations for Leoni (ETR:LEO)

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