Independent Research set a €60.00 ($69.77) target price on Porsche Automobil (ETR:PAH3) in a research report sent to investors on Thursday morning. The firm currently has a neutral rating on the stock.
Several other analysts have also weighed in on the company. UBS Group set a €79.00 ($91.86) price target on Porsche Automobil and gave the company a buy rating in a report on Thursday. Barclays set a €88.00 ($102.33) price target on Porsche Automobil and gave the company a buy rating in a report on Tuesday, January 15th. HSBC set a €66.00 ($76.74) price target on Porsche Automobil and gave the company a buy rating in a report on Monday, January 21st. Kepler Capital Markets set a €68.00 ($79.07) price target on Porsche Automobil and gave the company a buy rating in a report on Friday, January 11th. Finally, Warburg Research set a €60.00 ($69.77) price target on Porsche Automobil and gave the company a neutral rating in a report on Wednesday, March 20th. Three equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The company has a consensus rating of Buy and an average price target of €76.91 ($89.43).
ETR PAH3 opened at €55.36 ($64.37) on Thursday. The company has a quick ratio of 7.94, a current ratio of 8.06 and a debt-to-equity ratio of 0.04. The company has a market cap of $16.95 billion and a PE ratio of 5.03. Porsche Automobil has a one year low of €49.89 ($58.01) and a one year high of €74.98 ($87.19).
About Porsche Automobil
Porsche Automobil Holding SE, through its subsidiaries, operates as an automobile manufacturer worldwide. The company offers motorcycles, small cars, and luxury vehicles, as well as commercial vehicles, such as pick-ups, buses, and heavy trucks under the Volkswagen, Audi, SEAT, ?KODA, Bentley, Bugatti, Lamborghini, Porsche, Ducati, Scania, and MAN brand names.
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