Porsche Automobil Holding SE (OTCMKTS:POAHY) Given Average Rating of “Reduce” by Brokerages

Porsche Automobil Holding SE (OTCMKTS:POAHY) has been given an average rating of “Reduce” by the eight analysts that are covering the stock, Marketbeat reports. Three research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has assigned a strong buy rating to the company.

POAHY has been the topic of a number of research analyst reports. Hsbc Global Res raised shares of Porsche Automobil from a “moderate sell” rating to a “hold” rating in a research report on Thursday, February 13th. DZ Bank cut Porsche Automobil from a “strong-buy” rating to a “hold” rating in a research note on Friday, March 28th. Berenberg Bank lowered Porsche Automobil from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 10th. Finally, The Goldman Sachs Group downgraded shares of Porsche Automobil from a “strong-buy” rating to a “strong sell” rating in a research report on Tuesday, January 14th.

Porsche Automobil Stock Performance

POAHY stock opened at $4.10 on Tuesday. Porsche Automobil has a 52-week low of $3.30 and a 52-week high of $5.47. The stock’s 50 day moving average is $3.90 and its two-hundred day moving average is $3.83.

About Porsche Automobil

Porsche Automobil Holding SE, through its subsidiaries, operates as an automobile manufacturer worldwide. It operates in two segments, Core Investments and Portfolio Investments. The company is involved in investments in the areas of mobility and industrial technology. It offers its products under the Volkswagen, Audi, SEAT, KODA, Bentley, Lamborghini, and Porsche brand names.