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

Kepler Cheuvreux bumped the price target of LEONI (ETR:LEO) to 21EUR, stating a possible downside of -0.34%.

Just yesterday LEONI (ETR:LEO) traded 0.66% higher at 31.99EUR. LEONI’s 50-day moving average is 9.33EUR and its 200-day moving average is 9.19EUR. With the last stock close up 0.13% relative to the 200-day average, compared to the S&P 500 Index which has decreased -0.01% over the same time. Trade volume was was down over the average, with 105,212 shares of LEO changing hands under the typical 120,050 shares..

See Graph Below:


LEONI has a one-year low of 8.04EUR and a one-year high of 9.63EUR and has a total market value of 0.0 EUR.

Brief Synopsis On 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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