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BUZZ - Goldman Sachs assigns a "Buy" rating, TAG Immobilien stock rises

BUZZ - Goldman Sachs assigns a "Buy" rating, TAG Immobilien stock rises

路透社路透社2026/10/20 08:06
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- ** Shares of German real estate company TAG Immobilien (TEGG.DE) rose nearly 2% as Goldman Sachs initiated coverage on the stock and assigned a “Buy” rating

**The brokerage highlighted TAG’s high-yield portfolio in the German residential market and its robust balance sheet

** The brokerage believes that the group’s expansion into the Polish residential market is a driver of growth and is expected to help it outperform its peers

**Goldman Sachs added that the stock has dropped 22% since August, making it “ an attractive buying opportunity”

**According to LSEG data, all 12 analysts covering TAG Immobilien AG have assigned the stock a “strong buy” or “buy” rating

** TAG tops Germany's mid-cap index .MDAXI


(To assist non-English speakers, Reuters automatically translates its reports into several other languages. As automated translation may contain errors or may lack the required context, Reuters does not guarantee the accuracy of the automated translation. Automated translations are provided solely for the convenience of readers. Reuters accepts no responsibility for any damage or loss caused by the use of automated translation functionality.)

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