LEG Immobilien (LEGIF) Expected to Announce Earnings on Thursday

LEG Immobilien (OTCMKTS:LEGIF) will likely be posting its results before the market opens on Thursday, March 5th. Analysts expect LEG Immobilien to post earnings of $1.77 per share and revenue of $232.5040 million for the quarter.

LEG Immobilien Price Performance

LEGIF opened at $75.47 on Wednesday. LEG Immobilien has a 1 year low of $70.74 and a 1 year high of $87.21. The company’s 50 day simple moving average is $72.72 and its 200 day simple moving average is $76.08.

Wall Street Analysts Forecast Growth

Separately, BNP Paribas Exane upgraded shares of LEG Immobilien from an “underperform” rating to an “outperform” rating in a report on Friday, December 5th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, LEG Immobilien has an average rating of “Moderate Buy”.

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.