Monday, July 2, 2018

LEG Immobilien AG (LEG) Receives Average Rating of “Buy” from Brokerages

Shares of LEG Immobilien AG (FRA:LEG) have been assigned an average rating of “Buy” from the nineteen research firms that are presently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating, five have assigned a hold rating and thirteen have assigned a buy rating to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is €101.62 ($118.16).

LEG has been the subject of a number of research reports. Kepler Capital Markets set a €105.00 ($122.09) price target on LEG Immobilien and gave the company a “buy” rating in a research report on Thursday, March 8th. Warburg Research set a €107.00 ($124.42) price target on LEG Immobilien and gave the company a “buy” rating in a research report on Monday, May 7th. Commerzbank set a €109.00 ($126.74) price target on LEG Immobilien and gave the company a “buy” rating in a research report on Thursday, March 8th. JPMorgan Chase & Co. set a €104.00 ($120.93) price target on LEG Immobilien and gave the company a “buy” rating in a research report on Tuesday, May 8th. Finally, Nord/LB set a €94.00 ($109.30) price target on LEG Immobilien and gave the company a “neutral” rating in a research report on Thursday, April 12th.

Shares of FRA:LEG traded up €1.04 ($1.21) during midday trading on Tuesday, reaching €93.08 ($108.23). The company’s stock had a trading volume of 168,761 shares. LEG Immobilien has a 1 year low of €75.17 ($87.41) and a 1 year high of €98.50 ($114.53).

LEG Immobilien Company Profile

LEG Immobilien AG, an integrated property company, owns, develops, and manages residential properties in Germany. The company rents and sells apartments. It also invests in the field of real estate development and commercial real estate; and purchases and sells property portfolios. In addition, the company offers property management and location development services; and housing industry services, as well as IT and management services for third-party properties.

Analyst Recommendations for LEG Immobilien (FRA:LEG)

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