Porsche Automobil (ETR:PAH3) has been given a €82.00 ($97.62) target price by equities research analysts at Independent Research in a report released on Thursday. The brokerage presently has a “buy” rating on the stock. Independent Research’s price target points to a potential upside of 15.88% from the company’s previous close.

Several other research firms have also commented on PAH3. HSBC set a €79.00 ($94.05) price target on shares of Porsche Automobil and gave the company a “buy” rating in a report on Thursday. Barclays set a €90.00 ($107.14) price objective on shares of Porsche Automobil and gave the stock a “buy” rating in a research note on Tuesday. Warburg Research set a €65.00 ($77.38) price objective on shares of Porsche Automobil and gave the stock a “neutral” rating in a research note on Wednesday, November 8th. Kepler Capital Markets set a €66.00 ($78.57) price objective on shares of Porsche Automobil and gave the stock a “neutral” rating in a research note on Wednesday, November 8th. Finally, Nord/LB set a €70.00 ($83.33) price objective on shares of Porsche Automobil and gave the stock a “buy” rating in a research note on Thursday, November 9th. Three analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. Porsche Automobil presently has an average rating of “Buy” and a consensus target price of €74.31 ($88.46).

Shares of Porsche Automobil (ETR:PAH3) opened at €70.76 ($84.24) on Thursday. Porsche Automobil has a twelve month low of €46.00 ($54.76) and a twelve month high of €71.40 ($85.00).

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

Analyst Recommendations for Porsche Automobil (ETR:PAH3)

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