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germany's mid-cap index poised for growth amid increased defense spending plans
Germany's mid-cap MDAX index is gaining traction as analysts highlight its potential for growth amid new government plans for increased defense and infrastructure spending. With a rise of nearly 11% in the past month and over 15% this year, the MDAX is seen as a "cheap" investment option, featuring several "conviction buys" like Lufthansa and Delivery Hero. The recent agreement to ease borrowing limits and establish a 500 billion-euro fund reflects a strategic response to growing defense concerns in Europe.
ubs maintains buy recommendation for leg immobilien's sustainable housing strategy
UBS has reaffirmed its Buy recommendation for LEG Immobilien SE, a prominent German housing company managing approximately 166,300 rental properties for around 500,000 residents. The firm is committed to providing affordable housing and is actively involved in creating both privately-financed and state-subsidized options, aligning its sustainable business model with ESG objectives.
ubs rates leg immobilien a buy with target price of 98 euro
UBS has rated LEG Immobilien a 'Buy' with a target price of €98. As of November 8, the stock was trading at €86.20, reflecting a 1.27% increase from the previous day. The annual high for the stock is €97.52, while the annual low stands at €64.80.