UBS Group set a €21.00 ($24.42) price target on Leoni (ETR:LEO) in a research note issued to investors on Friday, www.boersen-zeitung.de reports. The firm currently has a sell rating on the stock.
Several other brokerages have also weighed in on LEO. Credit Suisse Group set a €30.00 ($34.88) target price on shares of Leoni and gave the stock a neutral rating in a research report on Thursday, November 15th. Oddo Bhf set a €22.00 ($25.58) target price on shares of Leoni and gave the stock a sell rating in a research report on Friday. Kepler Capital Markets set a €22.00 ($25.58) target price on shares of Leoni and gave the stock a sell rating in a research report on Friday, January 11th. Commerzbank set a €35.00 ($40.70) target price on shares of Leoni and gave the stock a neutral rating in a research report on Tuesday, October 23rd. Finally, JPMorgan Chase & Co. set a €25.00 ($29.07) price target on shares of Leoni and gave the company a sell rating in a report on Monday, January 7th. Six analysts have rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the company. The stock has an average rating of Hold and a consensus target price of €28.21 ($32.81).
Shares of LEO opened at €20.27 ($23.57) on Friday. Leoni has a twelve month low of €39.21 ($45.59) and a twelve month high of €66.20 ($76.98).
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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