Shares of Porsche Automobil Holding SE (ETR:PAH3) have been given a consensus recommendation of “Buy” by the eight research firms that are covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is €62.25 ($73.24).
PAH3 has been the topic of a number of analyst reports. HSBC Holdings plc set a €65.00 ($76.47) price objective on Porsche Automobil Holding SE and gave the company a “buy” rating in a research report on Saturday, May 20th. BNP Paribas set a €63.00 ($74.12) price objective on Porsche Automobil Holding SE and gave the company a “buy” rating in a research report on Wednesday, July 19th. Independent Research GmbH set a €57.00 ($67.06) price objective on Porsche Automobil Holding SE and gave the company a “buy” rating in a research report on Tuesday, August 1st. Kepler Capital Markets set a €52.00 ($61.18) price objective on Porsche Automobil Holding SE and gave the company a “neutral” rating in a research report on Thursday, June 8th. Finally, Macquarie set a €60.00 ($70.59) price objective on Porsche Automobil Holding SE and gave the company a “neutral” rating in a research report on Wednesday, June 28th.
Shares of Porsche Automobil Holding SE (PAH3) opened at 48.45 on Tuesday. The stock has a market capitalization of €14.84 billion and a P/E ratio of 6.46. Porsche Automobil Holding SE has a one year low of €43.19 and a one year high of €58.53. The stock has a 50 day moving average of €50.51 and a 200-day moving average of €52.12.
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About Porsche Automobil Holding SE
Porsche Automobil Holding SE is a Germany-based holding company engaged in the automobile manufacture industry. The Company is engaged in the holding and managing of its investments in Volkswagen AG, through which the Company manages twelve motor brands from seven European countries: Volkswagen Passenger Cars, Audi, SEAT, Skoda, Bentley, Bugatti, Lamborghini, Porsche, Ducati, Volkswagen Commercial Vehicles, Scania and MAN.
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