Yesterday LEONI (ETR:LEO) traded 0.70% higher at 40.14EUR. The company’s 50-day moving average is 8.56EUR and its 200-day moving average is 8.84EUR. The last stock close price is up -2.47% from the 200-day moving average, compared to the S&P 500 which has increased 0.06% over the same time. 125,056 shares of the stock were exchanged, down from an average trading volume of 151,987
In a report announced on 02/15/2017 Warburg Research bumped up the target of LEONI (ETR:LEO) to 47.00EUR stating a potential upside of 0.17%.
Previously on 2/14/2017, Independent Research GmbH reported about LEONI (ETR:LEO) raised the target price from 0.00EUR to 40.00EUR. At the time, this indicated a possible downside of 0.00%.
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LEONI has a 52 week low of 8.17EUR and a 52 week high of 9.63EUR The company’s market cap is currently 0 EUR.
General Information About LEONI (ETR:LEO)
Leoni AG is a Germany-based company that provides wires, optical fibers, cables, cable systems, and related services. The Company's main target market is the automotive and commercial vehicles industry, but it also supplies its products to the healthcare, communication and infrastructure, electrical appliances, as well as conductors and copper solutions industries. The Company operates through two segments. The Wire & Cable Solutions segment develops, produces and assembles wires and strands, optical fibers, standard and special cables, hybrid and optical cables as well as complete cable systems for a broad range of industrial applications. The Wiring Systems Division focuses on the development, production and sale of cable harnesses, complete wiring systems as well as related components for the global automotive and component supply industry.
The post A report released today by Warburg Research about LEONI (ETR:LEO) ups the target price to 47.00EUR appeared first on Octafinance.