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A statement released earlier today by Kepler Cheuvreux about LEONI (ETR:LEO) bumps the target price to 21.00EUR

Yesterday LEONI (ETR:LEO) traded 0.55% higher at 32.24EUR. The company’s 50-day average is 9.34EUR and its two hundred day moving average is 9.19EUR. With the last stock price up 0.35% from the two hundred day moving average, compared with the S&P 500 Index which has fallen -0.01% over the same time period. Trade volume was was up over the average, with 232,689 shares of LEO changing hands over the typical 120,017 shares..

Stating a possible downside of -0.35%, Kepler Cheuvreux bumped the target stock price of LEONI (ETR:LEO) to 21EUR

Previously on Wednesday August 3 2016, Kepler Cheuvreux reported about LEONI(ETR:LEO) bumped the target price from 0.00EUR to 21.00EUR. At the time, this indicated a possible downside of -0.35%.

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LEONI has a one-year low of 8.01EUR and a 52 week high of 9.63EUR . The company’s market capitalization is presently 0.0 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, and complete wiring systems as well as related components for the global automotive and component supply industry.

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