Leifheit AG logo

LEI - Leifheit AG News Story

€32.7 -0.1  -0.3%

Last Trade - 4:36pm

Sector
Consumer Cyclicals
Size
Small Cap
Market Cap £284.8m
Enterprise Value £242.8m
Revenue £221.8m
Position in Universe 537th / 1039

German stocks - Factors to watch on November 28

Mon 28th November, 2016 6:08am
FRANKFURT, Nov 28 (Reuters) - The following are some of the 
factors that may move German stocks on Monday: 
     
    BMW  BMWG.DE  
    The German luxury carmaker plans to launch a new version of 
its i3 electric car next year with a longer range and revamped 
design, German weekly Welt am Sonntag reported, citing company 
sources.  urn:newsml:reuters.com:*:nL8N1DR0AJ 
    Separately, the group is increasing the size of its venture 
capital fund, BMW i Ventures, to 500 million euros from 100 
million, German business daily Handelsblatt said on Sunday, 
citing one of the carmaker's board members.  urn:newsml:reuters.com:*:nL8N1DS0NE 
     
    DEUTSCHE BANK  DBKGn.DE  
    Mexican bank InvestaBank will stick to its plan to acquire 
Deutsche Bank assets in the country, saying it has been cleared 
in audits by local regulators after one of its partners was 
arrested in the United States.  urn:newsml:reuters.com:*:nL1N1DQ14V 
     
    DEUTSCHE POST  DPWGn.DE  
    CEO Frank Appel, in an interview with Bild am Sonntag, 
confirmed expectations for a record Christmas, with daily parcel 
deliveries seen doubling to 8 million prior to Christmas Eve. 
 urn:newsml:reuters.com:*:nL5N1CD4SZ 
     
    LUFTHANSA  LHAG.DE  
    German pilots union VC has announced further strikes at 
Lufthansa for Tuesday and Wednesday this week after fresh talks 
at the end of a four-day walkout failed to settle their 
long-running pay dispute.  urn:newsml:reuters.com:*:nL8N1DS06C 
     
    SIEMENS  SIEGn.DE  
    The trains-to-turbines group Siemens is well placed to do 
business in the United States, regardless of whether 
President-elect Donald Trump backs fossil-fuels at the expense 
of renewable energy, its CEO told a newspaper.  urn:newsml:reuters.com:*:nL8N1DR098 
     
    VOLKSWAGEN  VOWG_p.DE  
    Volkswagen's Porsche division expects annual sales of about 
20,000 for its first all-electric car, the Mission E, the luxury 
carmaker's chief executive told a German magazine.  urn:newsml:reuters.com:*:nL8N1DS07E 
    Separately, Volkswagen signed a deal on Sunday to assemble 
cars in Algeria in a joint venture with its local car importer 
SOVAC, aiming for a production capacity of more than 100 
vehicles per day from June 2017, VW and Algerian officials said. 
 urn:newsml:reuters.com:*:nL8N1DS0KV 
     
    LEIFHEIT  LEIG.DE  
    The company is on the lookout for acquisitions in Europe and 
does not see itself as a target for hostile takeovers, Chief 
Executive Thomas Radke told German newspaper Die Welt in an 
interview. 
     
    STABILUS  STAB.DE  
    The company said it expected its annual sales to reach 865 
million euros in 2017, with an adjusted EBIT margin of 13 to 14 
percent.  urn:newsml:reuters.com:*:nFWN1DS022 
         
    ANALYSTS' VIEWS  
    VONOVIA  VNAn.DE  - Jefferies starts with "hold", target 
price 32 euros 
    DEUTSCHE WOHNEN  DWNG.DE  - Jefferies starts with "buy", 
target price 35 euros 
    LEG IMMOBILIEN  LEGn.DE  - Jefferies starts with "buy", 
target price 84 euros 
    TAG IMMOBILIEN  TEGG.DE  - Jefferies starts with "hold", 
target price 12 euros 
    FREENET  FNTGn.DE  - Barclays starts with "underweight", 
target price 23 euros 
    UNITED INTERNET  UTDI.DE  - Barclays starts with 
"equal-weight", target price 37 euros 
    ADLER REAL ESTATE  ADLG.DE  - Jefferies starts with "hold", 
target price 14 euros 
    ADO PROPERTIES  ADJ.DE  - Jefferies starts with "buy", 
target price 38 euros 
    TELE COLUMBUS  TC1n.DE  - Barclays starts with "overweight", 
target price 9.20 euros 
    GRAND CITY PROPERTIES  GYC.DE  - Jefferies starts with 
"buy", target price 19 euros 
             
    OVERSEAS STOCK MARKETS   
    Dow Jones  .DJI  +0.4 pct, S&P 500 .SPX  +0.4 pct, Nasdaq 
 .IXIC  +0.3 pct at close.  .N  
    Nikkei  .N225  -0.3 pct, Shanghai stocks  .SSEC  +0.6 pct. 
    Time: 6.07 GMT.  .T   .SS  
     
    GERMAN ECONOMIC DATA 
    No economic data scheduled. 
     ECONDE   G7TODAY   
     
    EUROPEAN FACTORS TO WATCH  WATCH/EU  
    DIARIES  DE/DIA   WEU/EQUITY  
    REUTERS TOP NEWS  TOP/NEWS  
 
 (Reporting by Harro ten Wolde, Christoph Steitz and Maria 
Sheahan) 
 ((harro.tenwolde@thomsonreuters.com; +49 69 7565 1271; Reuters 
Messaging: harro.tenwolde.thomsonreuters.com@reuters.net)) 
 
Keywords: GERMANY STOCKS/FACTORS
© Stockopedia 2020, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.