FRANKFURT (dpa-AFX Broker) - Deutsche Bank Research upgraded Instone to "buy" from "hold," but lowered its price target to 11 euros from 13 euros. Analyst Thomas Rothäusler becomes slightly more optimistic in his annual outlook for the European real estate sector as a whole, which is available on Thursday. However, he is still skeptical about German residential real estate stocks. His favorites are Gecina, CA Immobilien, Klepierre and Instone. In the case of the latter, he now considers the valuation to be too low and sees a good demand situation./ag/ajx

Publication of the original study: 19.01.2023 / Time not stated in study / CET

First disclosure of the original study: 19.01.2023 / 05:01 / CET