Porsche Automobil Holding SE (PAH3) Receives Average Recommendation of “Buy” from Analysts

Porsche Automobil Holding SE (ETR:PAH3) has received a consensus recommendation of “Buy” from the thirteen brokerages that are currently covering the firm, Marketbeat.com reports. Three analysts have rated the stock with a hold recommendation and ten have given a buy recommendation to the company. The average 1-year price target among brokers that have covered the stock in the last year is €78.69 ($93.68).

PAH3 has been the topic of several research reports. Credit Suisse Group set a €103.00 ($122.62) target price on Porsche Automobil and gave the stock a “buy” rating in a research note on Thursday, December 14th. UBS set a €80.00 ($95.24) target price on Porsche Automobil and gave the stock a “buy” rating in a research note on Friday, December 1st. Warburg Research set a €55.00 ($65.48) target price on Porsche Automobil and gave the stock a “neutral” rating in a research note on Monday, October 2nd. Independent Research set a €72.00 ($85.71) target price on Porsche Automobil and gave the stock a “buy” rating in a research note on Monday, November 13th. Finally, Barclays set a €90.00 ($107.14) target price on Porsche Automobil and gave the stock a “buy” rating in a research note on Tuesday, November 28th.

Shares of Porsche Automobil (ETR:PAH3) opened at €70.23 ($83.61) on Friday. Porsche Automobil has a 52-week low of €47.28 ($56.29) and a 52-week high of €72.00 ($85.71).

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Porsche Automobil Company Profile

Porsche Automobil Holding SE operates as an automobile manufacturer worldwide. Its products include motorcycles, sports cars, passenger cars, light commercial vehicles, trucks, and buses. The company markets and sells its products under the Volkswagen, Audi, SEAT, ŠKODA, Bentley, Bugatti, Lamborghini, Porsche, Ducati, Scania, and MAN brand names.

Analyst Recommendations for Porsche Automobil (ETR:PAH3)

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