Leoni (LEO) Given a €75.00 Price Target at Berenberg Bank

Berenberg Bank set a €75.00 ($92.59) price objective on Leoni (ETR:LEO) in a research note published on Thursday morning. The brokerage currently has a buy rating on the stock.

Other analysts have also issued research reports about the stock. Warburg Research set a €74.00 ($91.36) target price on shares of Leoni and gave the stock a buy rating in a research report on Wednesday, March 21st. JPMorgan Chase set a €57.00 ($70.37) target price on shares of Leoni and gave the stock a neutral rating in a research report on Friday, January 5th. Oddo Bhf set a €73.00 ($90.12) target price on shares of Leoni and gave the stock a buy rating in a research report on Friday, February 23rd. UBS set a €51.00 ($62.96) target price on shares of Leoni and gave the stock a sell rating in a research report on Wednesday, March 21st. Finally, HSBC set a €60.00 ($74.07) target price on shares of Leoni and gave the stock a neutral rating in a research report on Wednesday, November 29th. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have issued a buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus target price of €58.64 ($72.40).

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Shares of LEO opened at €51.92 ($64.10) on Thursday. Leoni has a 1-year low of €39.21 ($48.41) and a 1-year high of €66.20 ($81.73).

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Leoni Company Profile

LEONI AG, together with its subsidiaries, provides wires, optical fibers, cables, and cable systems; and related services for applications in the automotive and other industries worldwide. It operates in two segments, Wire & Cable Solutions, and Wiring Systems. The Wire & Cable Solutions segment develops, produces, and assembles wires and stands, optical fibers, standard and special cables, hybrid and optical cables, and various cable systems.

Analyst Recommendations for Leoni (ETR:LEO)

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