A statement released today by equinet AG about (ETR:LEO) LEONI bumps the target price to 35EUR

August 10, 2016

Finance News

In a statement issued on 8/10/2016 equinet AG raised the target price of LEONI (ETR:LEO) by 0.02% from 0EUR to 35EUR

On 8/10/2016, Norddeutsche Landesbank reported about LEONI(ETR:LEO) recommending “Buy” with a target price of 38EUR. At the time, this suggested an upside of 0.10%.

Just yesterday LEONI (ETR:LEO) traded 0.43% lower at 34.43EUR. LEO’s 50-day average is 9.37EUR and its two hundred day average is 9.08EUR. The last stock price close is up 2.62% from the 200-day moving average, compared to the S&P 500 which has raised 0.00% over the same period. 81,723 shares of LEONI traded, down from an average volume of 131,330.

Recent Performance Graphic:

LEONI (ETR:LEO)

LEONI has a 52 week low of 7.93EUR and a one-year high of 9.63EUR and has a market capitalization of N/A EUR.

Brief Synopsis 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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