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A statement released earlier today by Commerzbank AG about EON (ETR:LEO) bumps the target price to 7.40EUR

EON (ETR:LEO) had its price target raised to 7EUR by Commerzbank AG in a report issued Wednesday September 14 2016. The new target price implies a possible upside of 0.10% from the bussiness’ last closing price.

On 9/13/2016, BNP PARIBAS released a statement about EON(ETR:LEO) raised the target price from 0.00EUR to 6.20EUR. At the time, this indicated a possible downside of -0.08%.

Having a price of 6.74EUR, EON (ETR:LEO) traded 0.66% higher on the day. The last stock price is down 0.13% relative to the two hundred day average, compared with the S&P 500 Index which has fallen -0.01% over the same period. EON has been tracking to a 50-day moving average of 9.33EUR and 200-day moving average of 9.19EUR. Volume of trade was was down over the average, with 105,212 shares of LEO changing hands under the typical 120,050 shares.

Recent Performance Graphic:


With a market cap of 0.0 EUR, EON has a price-earnings of 0 with a one-year low of 8.04EUR and a 52 week high of 9.63EUR.

Brief Synopsis About EON (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, and complete wiring systems as well as related components for the global automotive and component supply industry.

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