A statement released earlier today by Oddo Seydler Bank AG about LEONI(ETR:LEO) raises the target price to 27EUR

August 12, 2016

Finance News

Stating a possible downside of -0.24%, Oddo Seydler Bank AG upped the price target of LEONI (ETR:LEO) to 27EUR

On Thursday August 11 2016, Commerzbank AG released a statement on LEONI(ETR:LEO) suggesting “Hold” with a target price of 34EUR. At the time, this suggested a downside of -0.01%.

Just yesterday LEONI (ETR:LEO) traded 0.65% higher at 35.56EUR. LEONI’s 50-day average is 9.37EUR and its two hundred day average is 9.09EUR. The last stock close is up 2.69% from the two hundred day moving average, compared with the Standard & Poor’s 500 Index which has raised 0.00% over the same time. 70,894 shares of LEO traded hands, down from an avg. volume of 126,698.

Performance Graphic:


LEONI has a one-year low of 7.93EUR and a one-year high of 9.63EUR. LEO’s total market value is currently N/A EUR.

More About LEONI (ETR:LEO)

Leoni AG is a Germany-based holding company that provides wires, optical fibers, cables and cable systems, and related services for application in the automotive sector and other industries. The Company operates through two divisions: Wire & Cable Solutions and Wiring Systems. 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. The Wiring Systems division focuses on the development, production and sale of complete wiring systems and ready-to-install cable harnesses for passenger cars and commercial vehicles. Additionally, it also manufactures pre-formed cable harnesses, and plastic molded components, and among others.

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