Leoni (ETR:LEO) PT Set at €14.00 by Warburg Research

Warburg Research set a €14.00 ($16.28) target price on Leoni (ETR:LEO) in a report released on Wednesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

LEO has been the topic of several other reports. Nord/LB set a €17.00 ($19.77) price objective on shares of Leoni and gave the company a neutral rating in a research report on Wednesday, May 15th. UBS Group set a €11.00 ($12.79) price objective on shares of Leoni and gave the company a sell rating in a research report on Monday, July 8th. Independent Research set a €13.20 ($15.35) price target on shares of Leoni and gave the company a sell rating in a report on Tuesday, July 16th. Deutsche Bank set a €13.00 ($15.12) price target on shares of Leoni and gave the company a neutral rating in a report on Wednesday, July 10th. Finally, Kepler Capital Markets set a €12.00 ($13.95) price target on shares of Leoni and gave the company a sell rating in a report on Friday, June 28th. Six investment analysts have rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the company’s stock. The stock has an average rating of Hold and an average target price of €19.16 ($22.28).

Shares of LEO stock opened at €8.49 ($9.87) on Wednesday. The company has a market capitalization of $277.43 million and a price-to-earnings ratio of -2.77. Leoni has a one year low of €9.09 ($10.57) and a one year high of €43.70 ($50.81). The company’s fifty day moving average price is €12.45 and its 200-day moving average price is €17.50. The company has a debt-to-equity ratio of 126.72, a current ratio of 0.94 and a quick ratio of 0.51.

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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