Porsche Automobil Holding SE (OTCMKTS:POAHY) Given Consensus Recommendation of “Reduce” by Analysts

Shares of Porsche Automobil Holding SE (OTCMKTS:POAHY) have been assigned an average recommendation of “Reduce” from the seven ratings firms that are currently covering the company, Marketbeat Ratings reports. Three investment analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and one has issued a strong buy recommendation on the company.

A number of research analysts have weighed in on the stock. The Goldman Sachs Group lowered shares of Porsche Automobil from a “strong-buy” rating to a “strong sell” rating in a research report on Tuesday, January 14th. Hsbc Global Res raised shares of Porsche Automobil from a “moderate sell” rating to a “hold” rating in a research report on Thursday, February 13th. Berenberg Bank lowered shares of Porsche Automobil from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 10th. Finally, UBS Group lowered shares of Porsche Automobil from a “hold” rating to a “strong sell” rating in a research report on Monday, December 9th.

Porsche Automobil Price Performance

Porsche Automobil stock opened at $4.08 on Monday. Porsche Automobil has a fifty-two week low of $3.47 and a fifty-two week high of $5.58. The firm has a fifty day moving average price of $3.86 and a two-hundred day moving average price of $3.96.

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.