JPMorgan Chase & Co. Analysts Give Leoni (ETR:LEO) a €7.60 Price Target

JPMorgan Chase & Co. set a €7.60 ($8.84) price target on Leoni (ETR:LEO) in a research note released on Tuesday, Borsen Zeitung reports. The brokerage currently has a sell rating on the stock.

A number of other brokerages have also recently commented on LEO. Independent Research set a €10.40 ($12.09) price target on Leoni and gave the company a sell rating in a research note on Tuesday, November 19th. HSBC set a €11.75 ($13.66) price target on Leoni and gave the company a buy rating in a research note on Wednesday, August 21st. Hauck & Aufhaeuser set a €4.00 ($4.65) price target on Leoni and gave the company a sell rating in a research note on Wednesday, October 16th. Warburg Research set a €10.00 ($11.63) price target on Leoni and gave the company a neutral rating in a research note on Wednesday, November 13th. Finally, Kepler Capital Markets set a €7.80 ($9.07) price target on Leoni and gave the company a sell rating in a research note on Wednesday, November 13th. Six investment analysts have rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company. The company currently has an average rating of Hold and an average price target of €11.69 ($13.59).

Shares of LEO stock opened at €10.66 ($12.40) on Tuesday. The company has a debt-to-equity ratio of 173.03, a current ratio of 0.85 and a quick ratio of 0.45. The stock has a market cap of $348.25 million and a PE ratio of -1.17. The stock has a 50-day moving average of €11.73 and a 200-day moving average of €12.15. Leoni has a one year low of €8.08 ($9.39) and a one year high of €34.70 ($40.35).

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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