HSBC Reiterates €126.00 Price Target for LEG Immobilien (FRA:LEG)
HSBC set a €126.00 ($146.51) target price on LEG Immobilien (FRA:LEG) in a report released on Monday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Other analysts also recently issued research reports about the company. UBS Group reissued a buy rating and set a GBX 285 ($3.72) target price on shares of in a research note on Friday, June 21st. Hauck & Aufhaeuser set a €60.00 ($69.77) target price on ADO Properties and gave the company a buy rating in a research note on Friday, June 7th. Kepler Capital Markets raised STMicroelectronics from a hold rating to a buy rating in a research note on Wednesday, May 15th. Berenberg Bank lifted their target price on Hiscox from GBX 1,569 ($20.50) to GBX 1,581 ($20.66) and gave the company a hold rating in a research note on Thursday, May 9th. Finally, Nord/LB set a €105.00 ($122.09) target price on LEG Immobilien and gave the company a neutral rating in a research note on Friday, May 31st. One research analyst has rated the stock with a sell rating, three have given a hold rating and thirteen have issued a buy rating to the company’s stock. The company currently has an average rating of Buy and a consensus target price of €113.11 ($131.53).
Shares of LEG opened at €104.10 ($121.05) on Monday. The company’s 50 day simple moving average is €104.47. LEG Immobilien has a 12-month low of €75.17 ($87.41) and a 12-month high of €98.50 ($114.53).
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.
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