Leoni (LEO) Given a €15.00 Price Target at Oddo Bhf

Leoni (ETR:LEO) received a €15.00 ($17.44) price objective from equities researchers at Oddo Bhf in a research report issued to clients and investors on Tuesday, Borsen Zeitung reports. The firm currently has a “sell” rating on the stock. Oddo Bhf’s price objective suggests a potential downside of 28.20% from the stock’s current price.

Several other equities research analysts have also recently commented on the company. UBS Group set a €17.00 ($19.77) price objective on Leoni and gave the company a “sell” rating in a research report on Monday. JPMorgan Chase & Co. set a €15.00 ($17.44) price objective on Leoni and gave the company a “sell” rating in a research report on Monday. Deutsche Bank set a €15.00 ($17.44) price objective on Leoni and gave the company a “neutral” rating in a research report on Friday. Kepler Capital Markets set a €17.00 ($19.77) price objective on Leoni and gave the company a “sell” rating in a research report on Wednesday, April 10th. Finally, HSBC set a €17.00 ($19.77) price objective on Leoni and gave the company a “neutral” rating in a research report on Tuesday, April 2nd. Six investment analysts have rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the company. Leoni has an average rating of “Hold” and a consensus price target of €22.46 ($26.12).

Leoni stock opened at €20.89 ($24.29) on Tuesday. The company has a debt-to-equity ratio of 74.31, a quick ratio of 0.71 and a current ratio of 1.15. Leoni has a one year low of €16.93 ($19.69) and a one year high of €58.24 ($67.72). The firm has a market cap of $683.11 million and a P/E ratio of 9.02.

Leoni Company Profile

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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