Porsche Automobil (ETR:PAH3) received a €63.00 ($73.26) price target from investment analysts at Independent Research in a research note issued on Tuesday. The brokerage presently has a “neutral” rating on the stock. Independent Research’s price objective would suggest a potential upside of 12.58% from the company’s previous close.

Several other research firms have also recently commented on PAH3. UBS Group set a €80.00 ($93.02) target price on shares of Porsche Automobil and gave the company a “buy” rating in a research note on Friday, August 24th. BNP Paribas set a €72.00 ($83.72) target price on shares of Porsche Automobil and gave the company a “neutral” rating in a research note on Thursday, October 4th. Barclays set a €90.00 ($104.65) target price on shares of Porsche Automobil and gave the company a “buy” rating in a research note on Monday, August 13th. Nord/LB set a €70.00 ($81.40) target price on shares of Porsche Automobil and gave the company a “buy” rating in a research note on Friday, August 10th. Finally, Credit Suisse Group set a €93.00 ($108.14) target price on shares of Porsche Automobil and gave the company a “buy” rating in a research note on Tuesday, August 28th. Six research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of €80.71 ($93.85).

Porsche Automobil stock traded down €1.32 ($1.53) during trading hours on Tuesday, hitting €55.96 ($65.07). 335,453 shares of the company traded hands, compared to its average volume of 502,739. Porsche Automobil has a 1-year low of €47.28 ($54.98) and a 1-year high of €80.14 ($93.19).

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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