Porsche Automobil Holding SE (PAH3) Given Consensus Rating of “Buy” by Brokerages

Shares of Porsche Automobil Holding SE (ETR:PAH3) have earned an average rating of “Buy” from the fifteen analysts that are currently covering the company, Marketbeat.com reports. Six research analysts have rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is €80.91 ($99.89).

A number of equities research analysts recently issued reports on the stock. Credit Suisse Group set a €103.00 ($127.16) price target on shares of Porsche Automobil and gave the company a “buy” rating in a research note on Thursday, December 14th. UBS Group set a €80.00 ($98.77) price target on shares of Porsche Automobil and gave the company a “buy” rating in a research note on Friday, December 1st. Independent Research set a €72.00 ($88.89) price target on shares of Porsche Automobil and gave the company a “buy” rating in a research note on Monday, November 13th. JPMorgan Chase & Co. set a €86.70 ($107.04) price target on shares of Porsche Automobil and gave the company a “neutral” rating in a research note on Wednesday, January 10th. Finally, Bank of America set a €84.00 ($103.70) price target on shares of Porsche Automobil and gave the company a “buy” rating in a research note on Wednesday, January 31st.

Porsche Automobil (ETR PAH3) opened at €69.24 ($85.48) on Friday. The firm has a market cap of $10,620.00 and a P/E ratio of 9.23. Porsche Automobil has a 1-year low of €47.28 ($58.37) and a 1-year high of €80.14 ($98.94).

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About Porsche Automobil

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

Analyst Recommendations for Porsche Automobil (ETR:PAH3)

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