Leoni (ETR:LEO) PT Set at €4.00 by Hauck & Aufhaeuser

Leoni (ETR:LEO) has been given a €4.00 ($4.65) target price by research analysts at Hauck & Aufhaeuser in a research report issued to clients and investors on Wednesday, Borsen Zeitung reports. The brokerage currently has a “sell” rating on the stock. Hauck & Aufhaeuser’s price target suggests a potential downside of 65.84% from the stock’s current price.

A number of other equities research analysts have also recently commented on LEO. UBS Group set a €11.00 ($12.79) price objective on shares of Leoni and gave the company a “sell” rating in a research note on Monday, July 8th. Deutsche Bank set a €10.00 ($11.63) price objective on shares of Leoni and gave the company a “neutral” rating in a research note on Thursday, August 15th. Warburg Research set a €14.00 ($16.28) price objective on shares of Leoni and gave the company a “neutral” rating in a research note on Wednesday, August 14th. Oddo Bhf set a €9.00 ($10.47) price objective on shares of Leoni and gave the company a “sell” rating in a research note on Tuesday, July 30th. Finally, JPMorgan Chase & Co. set a €12.00 ($13.95) price objective on shares of Leoni and gave the company a “sell” rating in a research note on Wednesday, August 14th. Six equities research analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the stock. Leoni has a consensus rating of “Hold” and an average target price of €15.98 ($18.58).

ETR:LEO opened at €11.71 ($13.62) on Wednesday. The stock has a market cap of $382.55 million and a PE ratio of -2.06. Leoni has a fifty-two week low of €8.08 ($9.39) and a fifty-two week high of €35.16 ($40.88). The firm’s fifty day simple moving average is €11.81 and its 200-day simple moving average is €14.10. The company has a quick ratio of 0.49, a current ratio of 0.90 and a debt-to-equity ratio of 148.10.

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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