Report
EUR 12.94 For Business Accounts Only

Increased risk weighs on LEONI, penalising its rating down to Slightly Negative

The independent financial analyst theScreener just lowered the general evaluation of LEONI (DE), active in the Electrical Components & Equipment industry. As regards its fundamental valuation, the title still shows 2 out of 4 possible stars. Its market behaviour, however, has slightly deteriorated and will be qualified as risky moving forward. theScreener considers that these new qualifications justify an overall rating downgrade to Slightly Negative. As of the analysis date December 21, 2021, the closing price was EUR 9.82 and its target price was estimated at EUR 7.86.
Underlying
LEONI AG

Leoni AG acts as the holding company, engaged in providing wires, optical fibers, cables and cable systems as well as related services for applications in the automotive sector and other industries. Co.'s business comprised of two divisions: Wire & Cable Solutions (WCS), which 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 variety of industrial applications; Wiring Systems Division (WSD), which develops, produces and sells cable harnesses, complete wiring systems as well as related components for the global car, commercial vehicle and supply industry.

Provider
TheScreener
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