Porsche Automobil Holding SE Unsponsored ADR (OTCMKTS:POAHY) Given Average Recommendation of “Hold” by Brokerages

Porsche Automobil Holding SE Unsponsored ADR (OTCMKTS:POAHY) has received an average recommendation of “Hold” from the seven brokerages that are presently covering the company, Marketbeat Ratings reports. Seven investment analysts have rated the stock with a hold recommendation.

POAHY has been the subject of a number of recent analyst reports. UBS Group raised shares of Porsche Automobil from a “sell” rating to a “neutral” rating in a report on Tuesday, November 4th. The Goldman Sachs Group upgraded Porsche Automobil to a “hold” rating in a research report on Monday, November 24th.

Porsche Automobil Stock Performance

Porsche Automobil stock opened at $4.32 on Friday. The stock’s 50 day simple moving average is $4.45 and its two-hundred day simple moving average is $4.20. Porsche Automobil has a 12 month low of $3.30 and a 12 month high of $4.79.

About Porsche Automobil

Porsche Automobil Holding SE, trading in the United States as an OTC ADR under the symbol POAHY, is a German publicly traded holding company whose principal business activity is managing long-term equity investments in the global automotive sector. The company’s core asset is a majority economic interest and significant voting control in Volkswagen AG, one of the world’s leading automotive manufacturers. Through this stake, Porsche Automobil takes an active governance role across Volkswagen’s portfolio of brands, including Volkswagen Passenger Cars, Audi, SEAT, ŠKODA, Bentley, Bugatti, Lamborghini and Porsche AG.