LEG Immobilien SE Stock Price Declines Following Vonovia Downgrade
LEG Immobilien SE, a German real estate service provider, has experienced a decline in its stock price over the past few days. The company’s shares have been impacted by the downgrading of Vonovia, a rival in the German real estate market, by the analyst firm Van Lanschot Kempen.
- Vonovia’s stock price has fallen by 1.8% following the downgrade.
- LEG Immobilien’s stock price has declined by 0.7% in comparison.
Despite the decline, LEG Immobilien’s stock price remains relatively stable, having recently traded above its 52-week low. The company’s operations and financial performance continue to be closely monitored by investors and analysts.
Recent Trading Activity
- LEG Immobilien’s stock price has been affected by the downgrading of Vonovia.
- The company’s shares have traded at a price above its 52-week low in recent days.
Market Reaction
The downgrading of Vonovia by Van Lanschot Kempen has had a more significant impact on the company’s stock price, with a decline of 1.8%. In comparison, LEG Immobilien’s stock price has declined by 0.7%.