Brokerages Set Leoni Ag (ETR:LEO) Target Price at €20.26

Leoni Ag (ETR:LEO) has received an average rating of “Hold” from the fourteen ratings firms that are covering the company, reports. Six research analysts have rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating on the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is €19.84 ($23.06).

Several research analysts have recently weighed in on LEO shares. UBS Group upped their price objective on T. Rowe Price Group from $109.00 to $111.00 and gave the stock a “neutral” rating in a research report on Monday, July 8th. Hauck & Aufhaeuser set a €60.00 ($69.77) price objective on ADO Properties and gave the stock a “buy” rating in a research report on Monday, May 13th. Kepler Capital Markets reaffirmed a “hold” rating on shares of Continental in a research report on Friday, June 28th. Nord/LB set a €17.00 ($19.77) price objective on Leoni and gave the stock a “neutral” rating in a research report on Wednesday, May 15th. Finally, Independent Research set a €5.60 ($6.51) price objective on ElringKlinger and gave the stock a “sell” rating in a research report on Tuesday, May 21st.

Shares of LEO stock traded down €0.08 ($0.09) on Friday, hitting €13.08 ($15.21). 212,096 shares of the stock were exchanged, compared to its average volume of 187,504. The company has a debt-to-equity ratio of 126.72, a current ratio of 0.94 and a quick ratio of 0.51. The stock has a market cap of $427.31 million and a price-to-earnings ratio of -4.27. The business has a 50-day moving average of €13.82. Leoni has a fifty-two week low of €12.68 ($14.74) and a fifty-two week high of €45.27 ($52.64).

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.

See Also: Technical Analysis of Stocks and What It Means

Analyst Recommendations for Leoni (ETR:LEO)

Receive News & Ratings for Leoni Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Leoni and related companies with's FREE daily email newsletter.