Berenberg Bank Reaffirms “Buy” Rating for LEG Immobilien (OTCMKTS:LEGIF)
Berenberg Bank restated their buy rating on shares of LEG Immobilien (OTCMKTS:LEGIF) in a report issued on Monday, The Fly reports.
Other research analysts have also recently issued reports about the company. JPMorgan Chase & Co. reaffirmed an overweight rating on shares of LEG Immobilien in a research report on Thursday, July 16th. Deutsche Bank reaffirmed a buy rating on shares of LEG Immobilien in a research report on Friday, August 7th. Jefferies Financial Group cut LEG Immobilien from a buy rating to a hold rating in a research report on Monday. Finally, Zacks Investment Research raised LEG Immobilien from a sell rating to a hold rating in a research report on Tuesday, June 23rd. One equities research analyst has rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. LEG Immobilien has an average rating of Buy and a consensus target price of $170.00.
Shares of OTCMKTS LEGIF opened at $147.45 on Monday. The stock’s 50-day moving average is $133.91 and its two-hundred day moving average is $120.57. LEG Immobilien has a 1-year low of $79.25 and a 1-year high of $147.45.
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.
Further Reading: Portfolio Manager
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