Warburg Research Raises LEG Price Target
Analyst Upgrades Forecast to €77.90
Positive Outlook Drives Target Increase
In a recent research note, the analyst firm Warburg Research upgraded its price target for LEG shares from €73 to €77.90. The move reflects the firm's positive outlook for the company's prospects.
According to Warburg Research, LEG is well-positioned to benefit from the ongoing growth in the German residential real estate market. The company's strong portfolio of properties, focus on affordable housing, and experienced management team make it a compelling investment opportunity.
The analyst firm also cited LEG's strong financial performance as a factor in the price target increase. The company has consistently exceeded expectations with its earnings and cash flow generation.
The price target upgrade is expected to have a positive impact on LEG's share price. The company's shares have already risen by over 5% since the announcement.
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