Leoni (ETR:LEO) Given a €7.60 Price Target at JPMorgan Chase & Co.

JPMorgan Chase & Co. set a €7.60 ($8.84) price objective on Leoni (ETR:LEO) in a report published on Wednesday morning, Borsen Zeitung reports. The firm currently has a sell rating on the stock.

A number of other analysts also recently issued reports on LEO. HSBC set a €11.75 ($13.66) price target on shares of Leoni and gave the stock a buy rating in a report on Wednesday, August 21st. Hauck & Aufhaeuser set a €4.00 ($4.65) price target on shares of Leoni and gave the stock a sell rating in a report on Wednesday, October 16th. Warburg Research set a €14.00 ($16.28) price target on shares of Leoni and gave the stock a neutral rating in a report on Wednesday, August 14th. Deutsche Bank set a €10.00 ($11.63) price target on shares of Leoni and gave the stock a neutral rating in a report on Thursday, August 15th. Finally, Independent Research set a €8.00 ($9.30) price target on shares of Leoni and gave the stock a sell rating in a report on Monday, August 19th. Six research analysts have rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the company. The company presently has a consensus rating of Hold and an average target price of €13.43 ($15.62).

Shares of ETR LEO traded down €0.10 ($0.12) during midday trading on Wednesday, reaching €11.56 ($13.44). 343,178 shares of the stock were exchanged, compared to its average volume of 187,504. The company has a 50 day simple moving average of €11.62 and a 200 day simple moving average of €12.98. The stock has a market capitalization of $377.49 million and a P/E ratio of -2.03. The company has a debt-to-equity ratio of 148.10, a quick ratio of 0.49 and a current ratio of 0.90. Leoni has a twelve month low of €8.08 ($9.39) and a twelve month high of €34.70 ($40.35).

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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