LEONI (ETR:LEO) price target increased to 38EUR as reported today by Norddeutsche Landesbank

August 10, 2016

Finance News

Norddeutsche Landesbank upped the price target of LEONI (ETR:LEO) to 38EUR, indicating a possible upside of 0.10%,

On 8/10/2016, Commerzbank AG released a statement about LEONI(ETR:LEO) recommending “Hold” with a target price of 34EUR. At the time, this indicated a possible downside of -0.01%.

Showing a price of 34.43EUR, LEONI (ETR:LEO) traded 0.43% lower on the day. The last stock price close is up 2.62% relative to the two hundred day average, compared to the Standard & Poor’s 500 Index which has raised 0.00% over the date range. LEONI has been tracking to a 50-day average of 9.37EUR and 200-day moving average of 9.08EUR. Volume of trade was was down over the average, with 81,723 shares of LEO changing hands under the typical 131,330 shares.

Recent Performance Graph:

LEONI (ETR:LEO)

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

General Information 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.

Comments are closed.