LEG Immobilien (OTCMKTS:LEGIF) Sets New 12-Month Low – Here’s Why

Shares of LEG Immobilien AG (OTCMKTS:LEGIF) hit a new 52-week low during trading on Friday . The company traded as low as $64.45 and last traded at $64.45, with a volume of 100 shares traded. The stock had previously closed at $68.20.

Wall Street Analysts Forecast Growth

Separately, BNP Paribas Exane raised shares of LEG Immobilien from an “underperform” rating to an “outperform” rating in a research note on Friday, December 5th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

LEG Immobilien Stock Performance

The company has a 50 day moving average price of $72.75 and a 200 day moving average price of $74.86. The firm has a market cap of $4.87 billion, a price-to-earnings ratio of 3.37 and a beta of 0.91.

LEG Immobilien (OTCMKTS:LEGIF) last issued its quarterly earnings data on Thursday, March 5th. The company reported $5.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.77 by $3.32. The firm had revenue of $273.25 million during the quarter, compared to the consensus estimate of $232.50 million. LEG Immobilien had a return on equity of 16.71% and a net margin of 122.87%.

LEG Immobilien Company Profile

LEG Immobilien AG is one of Germany’s leading residential real estate companies, specializing in the development, acquisition and management of residential and commercial properties. Headquartered in Düsseldorf, the company focuses on providing affordable and sustainable living spaces to a diverse tenant base. Its core business includes the rental and technical management of housing units as well as value-enhancing modernization and maintenance services.

The company’s portfolio comprises approximately 130,000 residential units and several thousand commercial spaces, primarily located in North Rhine-Westphalia and adjacent German states.