Porsche Automobil Holding SE (ETR:PAH3) has been given a €57.00 ($67.06) target price by equities researchers at Independent Research GmbH in a note issued to investors on Tuesday. The brokerage currently has a “buy” rating on the stock.

A number of other analysts have also recently issued reports on the stock. HSBC Holdings plc set a €65.00 ($76.47) price objective on shares of Porsche Automobil Holding SE and gave the stock a “buy” rating in a research note on Monday, May 29th. Nord/LB set a €58.00 ($68.24) price objective on shares of Porsche Automobil Holding SE and gave the stock a “buy” rating in a research note on Wednesday, May 31st. Macquarie set a €60.00 ($70.59) price objective on shares of Porsche Automobil Holding SE and gave the stock a “neutral” rating in a research note on Wednesday, June 28th. BNP Paribas set a €63.00 ($74.12) price objective on shares of Porsche Automobil Holding SE and gave the stock a “buy” rating in a research note on Wednesday, July 12th. Finally, Kepler Capital Markets set a €52.00 ($61.18) price objective on shares of Porsche Automobil Holding SE and gave the stock a “neutral” rating in a research note on Thursday, June 8th. Two research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of €62.25 ($73.24).

Porsche Automobil Holding SE (PAH3) opened at 49.63 on Tuesday. The stock has a market capitalization of €15.20 billion and a price-to-earnings ratio of 11.06. Porsche Automobil Holding SE has a 52-week low of €43.19 and a 52-week high of €58.53. The stock’s 50 day moving average is €50.79 and its 200-day moving average is €52.40.

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Porsche Automobil Holding SE Company Profile

Porsche Automobil Holding SE is a Germany-based holding company engaged in the automobile manufacture industry. The Company is engaged in the holding and managing of its investments in Volkswagen AG, through which the Company manages twelve motor brands from seven European countries: Volkswagen Passenger Cars, Audi, SEAT, Skoda, Bentley, Bugatti, Lamborghini, Porsche, Ducati, Volkswagen Commercial Vehicles, Scania and MAN.

Analyst Recommendations for Porsche Automobil Holding SE (ETR:PAH3)

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