HSBC Analysts Give Leoni (LEO) a €60.00 Price Target

HSBC set a €60.00 ($71.43) price objective on Leoni (ETR:LEO) in a report released on Wednesday. The firm currently has a neutral rating on the stock.

Other equities research analysts have also recently issued reports about the company. Berenberg Bank set a €70.00 ($83.33) target price on Leoni and gave the stock a buy rating in a research note on Wednesday, September 20th. Hauck & Aufhaeuser set a €67.00 ($79.76) target price on Leoni and gave the stock a buy rating in a research note on Wednesday, August 9th. Warburg Research set a €65.00 ($77.38) target price on Leoni and gave the stock a buy rating in a research note on Monday, September 11th. Oddo Bhf set a €68.00 ($80.95) target price on Leoni and gave the stock a buy rating in a research note on Tuesday, November 7th. Finally, Independent Research set a €55.00 ($65.48) target price on Leoni and gave the stock a neutral rating in a research note on Thursday, August 10th. Four equities research analysts have rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the company. Leoni currently has an average rating of Hold and an average price target of €55.43 ($65.99).

Leoni (LEO) opened at €61.71 ($73.46) on Wednesday. Leoni has a twelve month low of €29.02 ($34.55) and a twelve month high of €63.88 ($76.05).

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About Leoni

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.

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