HAMBURG (dpa-AFX Broker) - The private bank Berenberg has lowered the target price for Basler from 18 to 11 euros and left the rating at "Hold". Analyst Lasse Stüben revised his assumptions in a study published on Tuesday following the quarterly figures. He now expects a slightly lower profit margin than before. For the time being, the expert is still waiting for signs of a recovery in demand./tav/tih

Publication of the original study: 20.11.2023 / 17:30 / GMT

First dissemination of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

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