Stocks
Goldman Sachs Cuts LEG Immobilien Target Amid Market Volatility
LEG Immobilien stock plummeted on September 7, 2026, after Goldman Sachs cut its target price to EUR 50.20 from EUR 64.50.
The stock traded at EUR 48.38, down EUR 0.70 or 1.43 percent, leaving only EUR 1.82 between the quote and the broker's view.
Goldman Sachs analyst Jonathan Kownator maintained a Neutral view on the company but clearly shifted his tone with the significant target cut.
The MDax weakness continued, with LEG Immobilien falling alongside other German residential names due to higher oil prices and rate-hike speculation.