Porsche Automobil (OTCMKTS:POAHY) Rating Increased to Hold at Barclays

Barclays upgraded shares of Porsche Automobil (OTCMKTS:POAHY) from a strong sell rating to a hold rating in a research note released on Tuesday,Zacks.com reports.

Other research analysts also recently issued reports about the company. Berenberg Bank downgraded shares of Porsche Automobil from a “strong-buy” rating to a “hold” rating in a report on Monday, February 10th. Hsbc Global Res raised shares of Porsche Automobil from a “moderate sell” rating to a “hold” rating in a report on Thursday, February 13th. The Goldman Sachs Group cut shares of Porsche Automobil from a “strong-buy” rating to a “strong sell” rating in a research note on Tuesday, January 14th. Finally, DZ Bank lowered Porsche Automobil from a “strong-buy” rating to a “hold” rating in a research report on Friday, March 28th. Two analysts have rated the stock with a sell rating, five have given a hold rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold”.

Porsche Automobil Stock Up 0.5 %

POAHY opened at $4.10 on Tuesday. The firm’s fifty day simple moving average is $3.91 and its two-hundred day simple moving average is $3.83. Porsche Automobil has a 52-week low of $3.30 and a 52-week 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.