Porsche Automobil (OTCMKTS:POAHY)‘s stock had its “buy” rating reissued by analysts at Societe Generale in a research note issued on Wednesday, The Fly reports.
Several other equities research analysts have also issued reports on the company. Sanford C. Bernstein upgraded Porsche Automobil from an “underperform” rating to a “market perform” rating in a report on Tuesday, January 5th. Kepler Capital Markets downgraded Porsche Automobil from a “buy” rating to a “hold” rating in a research note on Wednesday, December 9th. UBS Group reissued a “buy” rating on shares of Porsche Automobil in a research note on Monday, March 29th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Porsche Automobil in a research note on Monday, March 22nd. Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy”.
Shares of Porsche Automobil stock opened at $11.32 on Wednesday. Porsche Automobil has a 52-week low of $4.22 and a 52-week high of $11.98. The stock has a 50-day simple moving average of $9.42 and a 200-day simple moving average of $7.23.
Porsche Automobil Holding SE, through its subsidiaries, operates as an automobile manufacturer worldwide. It operates through two segments, PSE and Intelligent Transport Systems. 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, ÂKODA, Bentley, Bugatti, Lamborghini, Porsche, Ducati, Scania, and MAN brand names.
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