Porsche Automobil (OTCMKTS:POAHY) Rating Lowered to Reduce at Kepler Capital Markets

Porsche Automobil (OTCMKTS:POAHY) was downgraded by investment analysts at Kepler Capital Markets from a “hold” rating to a “reduce” rating in a research note issued to investors on Monday, Marketbeat.com reports.

Several other equities analysts have also issued reports on the company. The Goldman Sachs Group upgraded Porsche Automobil from a “hold” rating to a “strong-buy” rating in a research report on Thursday, June 11th. UBS Group upgraded Porsche Automobil from a “hold” rating to a “strong-buy” rating in a research report on Monday, June 8th. Two equities research analysts have rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Buy”.

Porsche Automobil Price Performance

Shares of OTCMKTS:POAHY opened at $3.07 on Monday. The stock’s 50-day moving average price is $3.21 and its 200-day moving average price is $3.44. The company has a quick ratio of 9.94, a current ratio of 9.94 and a debt-to-equity ratio of 0.18. Porsche Automobil has a 12-month low of $3.01 and a 12-month high of $4.79.

Porsche Automobil Company Profile

Porsche Automobil Holding SE is a Germany-based holding company focused on managing strategic investments in the automotive and mobility sectors. It is separate from Porsche AG, the sports-car manufacturer, although it has a significant indirect connection to the Porsche brand through its ownership interest in Volkswagen AG.

Porsche SE is the largest shareholder of Volkswagen AG and holds ordinary shares that provide substantial voting influence. Through Volkswagen, the company has indirect exposure to a broad portfolio of automotive brands, including Volkswagen, Audi, Porsche, Škoda, SEAT, Bentley, Lamborghini and Ducati, as well as commercial vehicles and mobility-related businesses.