Porsche Automobil (ETR:PAH3) has been assigned a €69.00 ($80.23) price objective by equities researchers at Kepler Capital Markets in a report issued on Friday, Borsen Zeitung reports. The firm currently has a “neutral” rating on the stock. Kepler Capital Markets’ price target indicates a potential upside of 1.62% from the company’s current price.
A number of other equities research analysts also recently weighed in on PAH3. Independent Research set a €68.00 ($79.07) target price on Porsche Automobil and gave the company a “neutral” rating in a report on Tuesday, November 19th. JPMorgan Chase & Co. set a €73.00 ($84.88) price target on Porsche Automobil and gave the stock a “neutral” rating in a report on Monday, October 7th. Goldman Sachs Group set a €77.00 ($89.53) price objective on shares of Porsche Automobil and gave the stock a “buy” rating in a research note on Thursday, October 10th. Barclays set a €91.00 ($105.81) price target on Porsche Automobil and gave the company a “buy” rating in a research report on Monday, November 18th. Finally, UBS Group set a €80.00 ($93.02) price target on Porsche Automobil and gave the company a “buy” rating in a research note on Monday, September 30th. Four analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Porsche Automobil currently has a consensus rating of “Buy” and a consensus price target of €74.20 ($86.28).
Porsche Automobil stock traded up €0.06 ($0.07) during mid-day trading on Friday, hitting €67.90 ($78.95). 222,526 shares of the company’s stock traded hands, compared to its average volume of 502,739. Porsche Automobil has a fifty-two week low of €52.38 ($60.91) and a fifty-two week high of €70.18 ($81.60). The stock has a market cap of $10.38 billion and a price-to-earnings ratio of 5.26. The firm has a 50 day simple moving average of €67.68 and a two-hundred day simple moving average of €62.84. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.64 and a quick ratio of 1.62.
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, KODA, Bentley, Bugatti, Lamborghini, Porsche, Ducati, Scania, and MAN brand names.
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