Shares of Porsche Automobil Holding SE (ETR:PAH3) have earned a consensus rating of “Buy” from the eight research firms that are currently covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is €62.25 ($74.11).

Several brokerages have recently issued reports on PAH3. BNP Paribas set a €63.00 ($75.00) target price on shares of Porsche Automobil Holding SE and gave the company a “buy” rating in a research note on Friday, September 8th. Independent Research GmbH set a €57.00 ($67.86) target price on shares of Porsche Automobil Holding SE and gave the company a “buy” rating in a research note on Tuesday, August 1st. Goldman Sachs Group, Inc. (The) set a €81.00 ($96.43) target price on shares of Porsche Automobil Holding SE and gave the company a “buy” rating in a research note on Tuesday, August 1st. Nord/LB set a €54.00 ($64.29) target price on shares of Porsche Automobil Holding SE and gave the company a “buy” rating in a research note on Monday, July 31st. Finally, Macquarie set a €60.00 ($71.43) target price on shares of Porsche Automobil Holding SE and gave the company a “neutral” rating in a research note on Wednesday, June 28th.

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Porsche Automobil Holding SE (ETR:PAH3) traded down 0.47% during mid-day trading on Wednesday, hitting €52.26. 12,550 shares of the company were exchanged. The company has a 50 day moving average of €49.17 and a 200 day moving average of €51.04. The stock has a market cap of €16.00 billion and a P/E ratio of 6.97. Porsche Automobil Holding SE has a 12-month low of €43.19 and a 12-month high of €58.53.

Porsche Automobil Holding SE 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 Holding SE (ETR:PAH3)

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