UBS set a €51.00 ($62.96) price objective on Leoni (ETR:LEO) in a research note issued to investors on Wednesday morning, www.boersen-zeitung.de reports. The firm currently has a sell rating on the stock.
Other equities analysts also recently issued research reports about the company. JPMorgan Chase set a €57.00 ($70.37) target price on Leoni and gave the company a neutral rating in a research report on Tuesday, March 20th. Kepler Capital Markets set a €30.00 ($37.04) target price on Leoni and gave the company a sell rating in a research report on Thursday, February 8th. Warburg Research set a €74.00 ($91.36) target price on Leoni and gave the company a buy rating in a research report on Friday, February 9th. Berenberg Bank set a €75.00 ($92.59) target price on Leoni and gave the company a buy rating in a research report on Thursday, March 29th. Finally, Oddo Bhf set a €73.00 ($90.12) target price on Leoni and gave the company a buy rating in a research report on Monday, January 29th. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have assigned a buy rating to the company’s stock. Leoni currently has an average rating of Hold and a consensus price target of €58.64 ($72.40).
ETR LEO opened at €50.70 ($62.59) on Wednesday. Leoni has a 1-year low of €39.21 ($48.41) and a 1-year high of €66.20 ($81.73).
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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