LEG Immobilien stock falls after Goldman Sachs cuts target
Published on 09/07/2026 at 23:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
LEG Immobilien SE stock (ISIN DE000LEG1110) traded at EUR 48.38 on September 7, 2026, down EUR 0.70 or 1.43 percent, while Goldman Sachs kept a Neutral view and cut its target to EUR 50.20 from EUR 64.50.
Target cut hits sentiment
finanzen.net showed the update at 09:51 on September 7, 2026, and the new target leaves only EUR 1.82 between the quote and the broker view. That is a 22.0 percent cut in the target itself, a clear change in tone for a stock already priced close to the new level.
TipRanks also recorded the Hold call from Goldman Sachs analyst Jonathan Kownator with a target of EUR 50.20, while the same source listed a one-year high of EUR 71.65 and a one-year low of EUR 48.04. The current quote of EUR 48.38 sits just EUR 0.34 above that low.
MDax weakness continues
MarketScreener reported that LEG Immobilien fell between 1.8 percent and 1 percent alongside other German residential names as higher oil prices and rate-hike speculation weighed on the sector. Cash carried the same Reuters-backed market read and said LEG, Vonovia, TAG Immobilien and Deutsche Wohnen were all under pressure.
On the same stretch of market data, a separate portal put LEG Immobilien's market capitalization at EUR 3.78 billion and its current quote at EUR 48.38. A 52-week low of EUR 48.04 leaves the stock only slightly above its weakest level in the past year.
Latest reported figures
For the last reported half-year period, LEG Immobilien booked rental income of EUR 450.7 million and a like-for-like increase of 3.4 percent, with the company also citing an adjusted recurring earnings figure of EUR 141.4 million for the same period. Those numbers matter because they show the operating base behind the broker debate.
The comparison is important: rental income rose 3.4 percent, but the share price still trades near the 52-week low of EUR 48.04. For investors, the gap between earnings stability and valuation pressure is now the key issue.
Housing portfolio focus
LEG Immobilien's core business remains German residential letting, with the portfolio shaped by rents, financing costs and valuation moves. In that setting, the broker cut and the sector's rate sensitivity point in the same direction: funding costs still set the tone.
Close and venue
The stock's reference venue is Xetra, and the latest quoted level in the available market data is EUR 48.38 as of September 7, 2026. The share price remains close to the one-year low of EUR 48.04 and well below the one-year high of EUR 71.65.
LEG Immobilien stock at a glance
- Company: LEG Immobilien SE
- ISIN: DE000LEG1110
- Ticker: LEG
- Trading venue: Xetra
- Price (as of September 7, 2026): EUR 48.38
- Market capitalization: EUR 3.78 billion
- Sector / Industry: Real Estate / Residential
- Index membership: MDax
