Porsche Automobil (OTCMKTS:POAHY) Rating Increased to Strong-Buy at Citigroup

Citigroup upgraded shares of Porsche Automobil (OTCMKTS:POAHY) from a hold rating to a strong-buy rating in a research report report published on Wednesday, Zacks.com reports.

Other research analysts also recently issued reports about the stock. Sanford C. Bernstein began coverage on shares of Porsche Automobil in a research report on Tuesday, August 20th. They set a “market perform” rating on the stock. Barclays lowered shares of Porsche Automobil from a “hold” rating to a “strong sell” rating in a report on Thursday, October 3rd.

Porsche Automobil Trading Down 0.5 %

OTCMKTS POAHY opened at $4.29 on Wednesday. Porsche Automobil has a fifty-two week low of $4.12 and a fifty-two week high of $5.58. The stock has a 50 day simple moving average of $4.38 and a two-hundred day simple moving average of $4.70.

About Porsche Automobil

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.