FRANKFURT (dpa-AFX Broker) - The shares of Verbio threaten to plumb a low since the end of 2020 in Xetra trading on Thursday. In pre-market trading on Tradegate, the shares slipped by up to 3.8 percent to 25.30 euros compared to the Xetra close the previous day following a downgrade by Deutsche Bank. This was the lowest level since the beginning of December 2020.

Deutsche Bank downgraded the shares of the biofuel manufacturer by two notches from "buy" to "sell". With his price target more than halved from 50 to 22 euros, analyst Niklas-Yannik Becker is now the biggest pessimist among experts who rate the shares. The new price target gives the shares a good 16 percent price risk compared to the previous day's closing price./bek/mis