Porsche Automobil (OTCMKTS:POAHY) Stock Rating Upgraded by Hsbc Global Res

Porsche Automobil (OTCMKTS:POAHY) was upgraded by stock analysts at Hsbc Global Res from a “moderate sell” rating to a “hold” rating in a note issued to investors on Thursday,Zacks.com reports.

Several other brokerages have also recently commented on POAHY. Berenberg Bank cut Porsche Automobil from a “strong-buy” rating to a “hold” rating in a report on Monday, February 10th. The Goldman Sachs Group lowered Porsche Automobil from a “strong-buy” rating to a “strong sell” rating in a research report on Tuesday, January 14th. UBS Group downgraded Porsche Automobil from a “hold” rating to a “strong sell” rating in a report on Monday, December 9th. Finally, Citigroup raised shares of Porsche Automobil from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 23rd. Three research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold”.

Porsche Automobil Price Performance

Shares of OTCMKTS:POAHY opened at $3.94 on Thursday. Porsche Automobil has a 12 month low of $3.47 and a 12 month high of $5.58. The stock’s 50 day moving average price is $3.73 and its 200 day moving average price is $4.02.

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.