Barclays set a €91.00 ($105.81) price objective on Porsche Automobil (ETR:PAH3) in a research report released on Monday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

Other equities analysts also recently issued research reports about the stock. Goldman Sachs Group set a €77.00 ($89.53) target price on shares of Porsche Automobil and gave the stock a buy rating in a research note on Thursday, October 10th. JPMorgan Chase & Co. set a €73.00 ($84.88) target price on shares of Porsche Automobil and gave the stock a neutral rating in a research note on Monday, October 7th. Finally, UBS Group set a €80.00 ($93.02) target price on shares of Porsche Automobil and gave the stock a buy rating in a research note on Monday, September 30th. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Porsche Automobil currently has a consensus rating of Buy and an average price target of €73.80 ($85.81).

ETR PAH3 traded up €0.68 ($0.79) during trading hours on Monday, reaching €67.54 ($78.53). 535,279 shares of the company were exchanged, compared to its average volume of 502,739. Porsche Automobil has a 1 year low of €49.89 ($58.01) and a 1 year high of €70.00 ($81.40). The business’s 50 day simple moving average is €64.70 and its 200-day simple moving average is €60.19. The company has a quick ratio of 1.62, a current ratio of 1.64 and a debt-to-equity ratio of 0.12. The stock has a market capitalization of $10.34 billion and a P/E ratio of 5.24.

Porsche Automobil Company Profile

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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