Independent Research set a €75.00 ($92.59) price objective on Porsche (ETR:PAH3) in a research report sent to investors on Wednesday morning. The brokerage currently has a neutral rating on the stock.
Several other research analysts have also recently issued reports on PAH3. Barclays set a €90.00 ($111.11) target price on shares of Porsche and gave the stock a buy rating in a report on Tuesday, November 28th. HSBC set a €79.00 ($97.53) target price on shares of Porsche and gave the stock a buy rating in a report on Thursday, November 30th. UBS set a €80.00 ($98.77) target price on shares of Porsche and gave the stock a buy rating in a report on Friday, December 1st. Kepler Capital Markets set a €75.00 ($92.59) target price on shares of Porsche and gave the stock a neutral rating in a report on Thursday, December 7th. Finally, Goldman Sachs set a €102.00 ($125.93) target price on shares of Porsche and gave the stock a buy rating in a report on Friday, December 8th. Seven research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The company has an average rating of Buy and a consensus price target of €80.10 ($98.89).
PAH3 stock opened at €64.30 ($79.38) on Wednesday. The stock has a market cap of $10,290.00 and a PE ratio of 8.57. Porsche has a twelve month low of €47.28 ($58.37) and a twelve month high of €80.14 ($98.94).
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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, ?KODA, Bentley, Bugatti, Lamborghini, Porsche, Ducati, Scania, and MAN brand names.
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