Several other equities analysts have also recently issued reports on LEO. Warburg Research set a €74.00 ($91.36) price target on shares of Leoni and gave the company a buy rating in a research report on Wednesday. Deutsche Bank set a €54.00 ($66.67) price target on shares of Leoni and gave the company a neutral rating in a research report on Wednesday. JPMorgan Chase & Co. set a €57.00 ($70.37) price target on shares of Leoni and gave the company a neutral rating in a research report on Tuesday. Oddo Bhf set a €73.00 ($90.12) price target on shares of Leoni and gave the company a buy rating in a research report on Friday, February 23rd. Finally, Hauck & Aufhaeuser set a €74.00 ($91.36) price target on shares of Leoni and gave the company a buy rating in a research report on Thursday, February 15th. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating and four have issued a buy rating to the stock. The stock currently has a consensus rating of Hold and an average price target of €58.64 ($72.40).
LEO stock opened at €51.98 ($64.17) on Wednesday. The stock has a market cap of $1,820.00 and a P/E ratio of 14.20. Leoni has a 12-month low of €39.21 ($48.41) and a 12-month high of €66.20 ($81.73).
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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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