Porsche (PAH3) PT Set at €77.00 by Independent Research

Porsche (ETR:PAH3) received a €77.00 ($91.67) target price from investment analysts at Independent Research in a research report issued to clients and investors on Wednesday. The brokerage presently has a “neutral” rating on the stock. Independent Research’s price target would indicate a potential upside of 12.08% from the company’s previous close.

PAH3 has been the subject of a number of other research reports. Goldman Sachs set a €97.00 ($115.48) price objective on shares of Porsche and gave the company a “buy” rating in a report on Wednesday, April 4th. Warburg Research set a €68.00 ($80.95) price objective on shares of Porsche and gave the company a “neutral” rating in a report on Wednesday. Nord/LB set a €75.00 ($89.29) price objective on shares of Porsche and gave the company a “buy” rating in a report on Wednesday, March 28th. Credit Suisse Group set a €101.00 ($120.24) price objective on shares of Porsche and gave the company a “buy” rating in a report on Tuesday. Finally, BNP Paribas set a €82.00 ($97.62) price objective on shares of Porsche and gave the company a “neutral” rating in a report on Friday, January 19th. Seven equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of €81.22 ($96.69).

Shares of ETR PAH3 opened at €68.70 ($81.79) on Wednesday. Porsche has a 1 year low of €47.28 ($56.29) and a 1 year high of €80.14 ($95.40).

About Porsche

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, ?KODA, Bentley, Bugatti, Lamborghini, Porsche, Ducati, Scania, and MAN brand names.

Analyst Recommendations for Porsche (ETR:PAH3)

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