Porsche Automobil Holding SE (OTCMKTS:POAHY) Receives Average Recommendation of “Reduce” from Analysts

Porsche Automobil Holding SE (OTCMKTS:POAHY) has been assigned a consensus recommendation of “Reduce” from the eight research firms that are covering the stock, MarketBeat Ratings reports. Three investment analysts have rated the stock with a sell recommendation, four have given a hold recommendation and one has assigned a strong buy recommendation to the company.

A number of brokerages have recently issued reports on POAHY. The Goldman Sachs Group cut shares of Porsche Automobil from a “strong-buy” rating to a “strong sell” rating in a research report on Tuesday, January 14th. DZ Bank downgraded shares of Porsche Automobil from a “strong-buy” rating to a “hold” rating in a report on Friday, March 28th. Berenberg Bank cut Porsche Automobil from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 10th. Finally, Hsbc Global Res raised Porsche Automobil from a “moderate sell” rating to a “hold” rating in a research note on Thursday, February 13th.

Porsche Automobil Stock Down 1.0 %

Shares of OTCMKTS POAHY opened at $4.06 on Tuesday. The company has a 50-day moving average of $3.90 and a 200 day moving average of $3.83. Porsche Automobil has a 12-month low of $3.30 and a 12-month high of $5.47.

Porsche Automobil Company Profile

Porsche Automobil Holding SE, through its subsidiaries, operates as an automobile manufacturer worldwide. It operates in two segments, Core Investments and Portfolio Investments. The company is involved in investments in the areas of mobility and industrial technology. It offers its products under the Volkswagen, Audi, SEAT, KODA, Bentley, Lamborghini, and Porsche brand names.