Leoni (ETR:LEO – Get Rating) received a €10.00 ($10.75) price target from research analysts at JPMorgan Chase & Co. in a research report issued on Monday, Borsen Zeitung reports. JPMorgan Chase & Co.‘s price objective would suggest a potential upside of 12.04% from the stock’s previous close.
Separately, Warburg Research set a €9.50 ($10.22) price target on Leoni in a research report on Monday.
LEO stock traded up €0.45 ($0.48) during trading hours on Monday, hitting €8.93 ($9.60). 40,409 shares of the stock were exchanged, compared to its average volume of 187,504. The company has a current ratio of 0.92, a quick ratio of 0.43 and a debt-to-equity ratio of 713.39. The firm has a market capitalization of $291.57 million and a P/E ratio of -6.11. The company has a 50-day simple moving average of €9.19 and a two-hundred day simple moving average of €10.44. Leoni has a 12 month low of €6.84 ($7.35) and a 12 month high of €18.50 ($19.89).
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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