FRANKFURT (dpa-AFX Broker) - Deutsche Bank Research lowered its target price for Patrizia from 11.80 to 11.30 euros ahead of third-quarter figures, but left its rating at "buy." The headwinds for the real estate group persist, analyst Falko Friedrichs wrote in a study presented on Wednesday. A revaluation of the portfolio is to be expected, which should put pressure on the value of assets under management, he added. The company should nevertheless steer safely through the current storms in the real estate market./bek/edh

Publication of the original study: 01.11.2023 / Time not specified in study / CET

First disclosure of original study: 01.11.2023 / 06:55 / CET

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