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Commerzbank AG disclosed EON (ETR:LEO), hiking its price target to 7.40EUR earlier today

Stating a possible upside of 0.12%, Commerzbank AG increased the target price of EON (ETR:LEO) to 7.40EUR

Previously on 10/13/2016, Commerzbank AG reported on EON (ETR:LEO) increased the target price from 0.00EUR to 7.40EUR. At the time, this indicated a possible upside of 0.12%.

Yesterday EON (ETR:LEO) traded -1.01% lower at 6.60EUR. The company’s 50-day moving average is 9.26EUR and its 200-day moving average is 9.25EUR. The last closing price is down -4.16% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 143,843 shares of the stock traded hands, up from an average trading volume of 109,334

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

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