Porsche Automobil Holding SE (ETR:PAH3) Receives Consensus Rating of “Buy” from Brokerages

Shares of Porsche Automobil Holding SE (ETR:PAH3) have been assigned a consensus rating of “Buy” from the ten analysts that are presently covering the stock, Marketbeat reports. Four investment analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is €72.60 ($84.42).

Several research firms have recently issued reports on PAH3. Nord/LB set a €66.00 ($76.74) price target on shares of Porsche Automobil and gave the company a “buy” rating in a research note on Friday, May 17th. Independent Research set a €60.00 ($69.77) price objective on shares of Porsche Automobil and gave the stock a “neutral” rating in a research report on Thursday, March 21st. UBS Group set a €79.00 ($91.86) price objective on shares of Porsche Automobil and gave the stock a “buy” rating in a research report on Thursday, March 21st. Kepler Capital Markets set a €65.00 ($75.58) price objective on shares of Porsche Automobil and gave the stock a “buy” rating in a research report on Thursday, March 28th. Finally, Warburg Research set a €60.00 ($69.77) price objective on shares of Porsche Automobil and gave the stock a “neutral” rating in a research report on Wednesday, March 20th.

Shares of PAH3 stock traded down €0.44 ($0.51) during trading hours on Tuesday, hitting €57.78 ($67.19). 128,683 shares of the company’s stock traded hands, compared to its average volume of 502,739. The firm has a 50 day moving average price of €57.87. The stock has a market cap of $17.76 billion and a PE ratio of 5.10. Porsche Automobil has a 12 month low of €49.89 ($58.01) and a 12 month high of €65.26 ($75.88). The company has a current ratio of 6.89, a quick ratio of 6.82 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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