Leoni Ag (LEO) Given a €67.00 Price Target at Hauck & Aufhaeuser

Hauck & Aufhaeuser set a €67.00 ($78.82) price objective on Leoni Ag (ETR:LEO) in a research note released on Wednesday. The firm currently has a buy rating on the stock.

A number of other research analysts have also recently commented on the company. Independent Research GmbH set a €55.00 ($64.71) target price on Leoni Ag and gave the company a neutral rating in a research note on Monday, July 31st. Deutsche Bank AG set a €35.00 ($41.18) target price on Leoni Ag and gave the company a sell rating in a research note on Friday, July 28th. Warburg Research set a €65.00 ($76.47) target price on Leoni Ag and gave the company a buy rating in a research note on Friday, July 28th. Commerzbank Ag set a €56.00 ($65.88) target price on Leoni Ag and gave the company a neutral rating in a research note on Friday, July 28th. Finally, equinet AG set a €51.00 ($60.00) target price on Leoni Ag and gave the company a neutral rating in a research note on Friday, July 28th. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the company’s stock. The company presently has an average rating of Hold and a consensus target price of €51.36 ($60.43).

Leoni Ag (ETR:LEO) opened at 52.01 on Wednesday. The company’s 50-day moving average price is €48.67 and its 200 day moving average price is €45.95. The company has a market capitalization of €1.70 billion and a price-to-earnings ratio of 53.45. Leoni Ag has a 52-week low of €29.09 and a 52-week high of €55.85.

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Leoni Ag Company Profile

Leoni AG is a Germany-based company that provides wires, optical fibers, cables, cable systems, and related services. The Company’s main target market is the automotive and commercial vehicles industry, but it also supplies its products to the healthcare, communication and infrastructure, electrical appliances, as well as conductors and copper solutions industries.

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