Porsche Automobil Holding SE (PAH3) Given Average Recommendation of “Buy” by Brokerages

Porsche Automobil Holding SE (ETR:PAH3) has earned an average recommendation of “Buy” from the ten brokerages that are presently covering the company, MarketBeat.com reports. Four investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is €72.70 ($84.53).

A number of research analysts recently issued reports on PAH3 shares. Nord/LB set a €67.00 ($77.91) price target on Porsche Automobil and gave the company a “buy” rating in a report on Tuesday, March 19th. HSBC set a €66.00 ($76.74) price target on Porsche Automobil and gave the company a “buy” rating in a report on Monday, January 21st. Barclays set a €88.00 ($102.33) price target on Porsche Automobil and gave the company a “buy” rating in a report on Tuesday, January 15th. Credit Suisse Group set a €92.00 ($106.98) price target on Porsche Automobil and gave the company a “buy” rating in a report on Thursday, March 21st. Finally, UBS Group set a €79.00 ($91.86) price target on Porsche Automobil and gave the company a “buy” rating in a report on Thursday, March 21st.

Shares of ETR PAH3 traded down €1.60 ($1.86) during midday trading on Monday, reaching €57.98 ($67.42). 627,301 shares of the company traded hands, compared to its average volume of 502,739. The stock has a market cap of $17.76 billion and a PE ratio of 5.11. Porsche Automobil has a 12 month low of €49.89 ($58.01) and a 12 month high of €70.42 ($81.88). The company has a debt-to-equity ratio of 0.04, a quick ratio of 6.82 and a current ratio of 6.89.

About Porsche Automobil

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

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Analyst Recommendations for Porsche Automobil (ETR:PAH3)

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