HAMBURG (dpa-AFX Broker) - The analyst firm Warburg Research has lowered its target price for Hamborner Reit from 9.50 to 8.90 euros, but left its rating at "Buy". The profit warning of the commercial real estate specialist in December due to a portfolio devaluation reflects the general downward trend in the sector, wrote analyst Philipp Kaiser in a study published on Thursday. However, the business model has proven to be robust even in the current difficult times. Thanks to its strong balance sheet, the company can react quickly to opportunities on the market, he added./gl/la

Publication of the original study: 04.01.2024 / 08:15 / CET First dissemination of the original study: Date not specified in study / Time not specified in study / CET

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