Bank of America Reiterates €84.00 Price Target for Porsche Automobil (PAH3)

Porsche Automobil (ETR:PAH3) received a €84.00 ($103.70) price objective from Bank of America in a report released on Wednesday. The brokerage presently has a “buy” rating on the stock. Bank of America’s price target would indicate a potential upside of 12.03% from the stock’s current price.

Several other equities analysts have also commented on the company. Nord/LB set a €70.00 ($86.42) price objective on Porsche Automobil and gave the company a “buy” rating in a research report on Thursday, November 9th. Independent Research set a €72.00 ($88.89) price objective on Porsche Automobil and gave the company a “buy” rating in a research report on Monday, November 13th. Societe Generale set a €84.00 ($103.70) price objective on Porsche Automobil and gave the company a “buy” rating in a research report on Thursday, November 2nd. HSBC set a €79.00 ($97.53) price objective on Porsche Automobil and gave the company a “buy” rating in a research report on Thursday, November 30th. Finally, Credit Suisse Group set a €103.00 ($127.16) price objective on Porsche Automobil and gave the company a “buy” rating in a research report on Thursday, December 14th. Six equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The company has an average rating of “Buy” and an average target price of €80.91 ($99.89).

Porsche Automobil (ETR PAH3) opened at €74.98 ($92.57) on Wednesday. The firm has a market capitalization of $11,250.00 and a PE ratio of 10.00. Porsche Automobil has a one year low of €47.28 ($58.37) and a one year high of €80.14 ($98.94).

ILLEGAL ACTIVITY NOTICE: This article was first published by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are reading this article on another domain, it was copied illegally and reposted in violation of United States and international copyright & trademark laws. The correct version of this article can be read at https://www.dispatchtribunal.com/2018/01/31/bank-of-america-reiterates-84-00-price-target-for-porsche-automobil-pah3.html.

Porsche Automobil Company Profile

Porsche Automobil Holding SE operates as an automobile manufacturer worldwide. Its products include motorcycles, sports cars, passenger cars, light commercial vehicles, trucks, and buses. The company markets and sells its products under the Volkswagen, Audi, SEAT, ??KODA, Bentley, Bugatti, Lamborghini, Porsche, Ducati, Scania, and MAN brand names.

Analyst Recommendations for Porsche Automobil (ETR:PAH3)

Receive News & Ratings for Porsche Automobil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Porsche Automobil and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply