Porsche Automobil (PAH3) PT Set at €60.00 by Warburg Research

Porsche Automobil (ETR:PAH3) has been given a €60.00 ($69.77) target price by Warburg Research in a research report issued on Wednesday. The brokerage currently has a “neutral” rating on the stock. Warburg Research’s target price points to a potential upside of 5.89% from the company’s previous close.

Several other equities analysts have also commented on PAH3. Nord/LB set a €67.00 ($77.91) target price on Porsche Automobil and gave the company a “buy” rating in a research note on Tuesday. Kepler Capital Markets set a €68.00 ($79.07) target price on Porsche Automobil and gave the company a “buy” rating in a research note on Friday, January 11th. Independent Research set a €63.00 ($73.26) target price on Porsche Automobil and gave the company a “neutral” rating in a research note on Tuesday, November 20th. Barclays set a €94.00 ($109.30) target price on Porsche Automobil and gave the company a “buy” rating in a research note on Tuesday, November 27th. Finally, HSBC set a €66.00 ($76.74) target price on Porsche Automobil and gave the company a “buy” rating in a research note on Monday, January 21st. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of €77.36 ($89.96).

Porsche Automobil stock opened at €56.66 ($65.88) on Wednesday. The firm has a market capitalization of $17.66 billion and a P/E ratio of 5.15. Porsche Automobil has a 52 week low of €49.89 ($58.01) and a 52 week high of €74.98 ($87.19). The company has a quick ratio of 7.94, a current ratio of 8.06 and a debt-to-equity ratio of 0.04.

Porsche Automobil Company Profile

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, ŠKODA, Bentley, Bugatti, Lamborghini, Porsche, Ducati, Scania, and MAN brand names.

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Analyst Recommendations for Porsche Automobil (ETR:PAH3)

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