LEONI (ETR:LEO): Warburg Research Keeps “Hold” Rating Today, Has a Target of EUR 40.00/Share

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LEONI (ETR:LEO) Rating Reaffirmed

Warburg Research now has a EUR 40.00 PT on shares of LEONI (ETR:LEO). The PT would now indicate a potential upside of 7.24% from the last stock close of LEONI (ETR:LEO). This rating was disclosed to clients in an analyst note on 27 November.

From a total of 20 analysts covering LEONI (ETR:LEO) stock, 9 rate it a ”Buy”, 4 a “Sell”, and 7 a ”Hold”. This means that 45% of the ratings are positive. The highest target price is €76 while the lowest target price is €7. The mean of all analyst targets is €28.09 with a -24.75% below today’s (€37.33) stock price. LEONI was the topic of 66 analyst reports since July 16, 2015 according to the firm StockzIntelligence Inc. Macquarie Research upgraded shares on November 25 to “Outperform” rating. S&P Research upgraded shares to “Buy” rating and €10.70 target share price in a report from a November 12. Landesbank upgraded LEO stock in a recent report from November 14 to “Buy” rating. Bernstein upgraded the rating on November 12. Bernstein has a “Outperform” rating and a €16.40 price target on shares. Finally, Hauck & Aufhäuser Privatbankiers KGaA maintained the stock with “Hold” rating in a report issued on a November 13.

The stock increased 3.06% or EUR 1.11 on November 26, striking EUR 37.33. Approximately 385,007 shares of stock traded hands. LEONI AG (ETR:LEO) has risen 1.21% since April 24, 2015 and is uptrending. It has outperformed by 2.57% the S&P500.

LEONI (ETR:LEO): Warburg Research Keeps

Analysts await Dreyfus Strategic Muni. (NYSE:LEO) to reports earnings on December, 4.

Leoni AG is a Germany-based holding firm that provides wires, optical fibers, cables and cable systems, and related services for application in the automotive sector and other industries. The company has a market cap of 1.20 billion EUR. The Firm operates through two divisions: Wire & Cable Solutions and Wiring Systems. It has 11.66 P/E ratio. The Wire & Cable Solutions division develops, produces and sells wires, strands and tapes for cable production and electrical, as well as electromechanical components, of Lyonese wares for textiles, as well as cables, conductors and cable systems for the automotive and electrical appliance industries, data and communications technology, multimedia segment, healthcare sector, automation and process technology, among others.

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