JPMorgan Chase & Co. Reiterates €57.00 Price Target for Leoni (LEO)

JPMorgan Chase & Co. set a €57.00 ($67.86) target price on Leoni (ETR:LEO) in a research note issued to investors on Friday morning. The brokerage currently has a neutral rating on the stock.

A number of other analysts have also issued reports on LEO. UBS Group set a €39.00 ($46.43) target price on Leoni and gave the company a sell rating in a report on Friday, September 8th. Warburg Research set a €65.00 ($77.38) target price on Leoni and gave the company a buy rating in a report on Monday, September 11th. Kepler Capital Markets set a €27.00 ($32.14) target price on Leoni and gave the company a sell rating in a report on Tuesday, September 19th. Berenberg Bank set a €70.00 ($83.33) price objective on Leoni and gave the stock a buy rating in a report on Wednesday, September 20th. Finally, equinet set a €57.00 ($67.86) price objective on Leoni and gave the stock a neutral rating in a report on Monday, October 9th. Four research analysts have rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the company. The company currently has a consensus rating of Hold and a consensus target price of €56.29 ($67.01).

Shares of Leoni (ETR:LEO) opened at €64.58 ($76.88) on Friday. The stock has a market capitalization of $2,110.00 and a P/E ratio of 17.64. Leoni has a fifty-two week low of €34.94 ($41.60) and a fifty-two week high of €64.84 ($77.19).

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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.

Analyst Recommendations for Leoni (ETR:LEO)

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