Porsche Automobil Holding SE (PAH3) Receives Consensus Recommendation of “Buy” from Brokerages

Porsche Automobil Holding SE (ETR:PAH3) has been given a consensus rating of “Buy” by the eleven analysts that are presently covering the firm, Marketbeat.com reports. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is €77.91 ($90.59).

Several equities research analysts recently weighed in on PAH3 shares. HSBC set a €66.00 ($76.74) price target on shares of Porsche Automobil and gave the stock a “buy” rating in a research report on Monday, January 21st. Barclays set a €88.00 ($102.33) price target on shares of Porsche Automobil and gave the stock a “buy” rating in a research report on Tuesday, January 15th. Independent Research set a €63.00 ($73.26) price target on shares of Porsche Automobil and gave the stock a “neutral” rating in a research report on Tuesday, November 20th. Finally, Kepler Capital Markets set a €68.00 ($79.07) price target on shares of Porsche Automobil and gave the stock a “buy” rating in a research report on Friday, January 11th.

Shares of PAH3 opened at €56.02 ($65.14) on Friday. Porsche Automobil has a fifty-two week low of €49.89 ($58.01) and a fifty-two week high of €74.98 ($87.19). The firm has a market capitalization of $17.16 billion and a P/E ratio of 5.09. The company has a current ratio of 8.06, a quick ratio of 7.94 and a debt-to-equity ratio of 0.04.

About Porsche Automobil

Porsche Automobil Holding SE, through its subsidiaries, operates as an automobile manufacturer worldwide. The company offers motorcycles, small cars, and luxury vehicles, as well as commercial vehicles, such as pick-ups, buses, and heavy trucks under the Volkswagen, Audi, SEAT, ŠKODA, Bentley, Bugatti, Lamborghini, Porsche, Ducati, Scania, and MAN brand names.

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Analyst Recommendations for Porsche Automobil (ETR:PAH3)

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