Porsche Automobil (PAH3) PT Set at €83.00 by Independent Research

Porsche Automobil (ETR:PAH3) has been assigned a €83.00 ($98.81) price objective by equities researchers at Independent Research in a research report issued to clients and investors on Thursday. The firm currently has a “neutral” rating on the stock. Independent Research’s price target would indicate a potential upside of 8.13% from the stock’s previous close.

Other research analysts have also issued research reports about the stock. Societe Generale set a €84.00 ($100.00) price target on shares of Porsche Automobil and gave the stock a “buy” rating in a research report on Thursday, November 2nd. Goldman Sachs Group set a €80.00 ($95.24) price target on shares of Porsche Automobil and gave the stock a “buy” rating in a research report on Thursday, October 19th. Credit Suisse Group set a €96.00 ($114.29) price target on shares of Porsche Automobil and gave the stock a “buy” rating in a research report on Wednesday, October 18th. UBS Group set a €80.00 ($95.24) price target on shares of Porsche Automobil and gave the stock a “buy” rating in a research report on Friday, December 1st. Finally, HSBC set a €79.00 ($94.05) price target on shares of Porsche Automobil and gave the stock a “buy” rating in a research report on Thursday, November 30th. Six equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Porsche Automobil currently has an average rating of “Buy” and an average price target of €80.69 ($96.06).

Porsche Automobil (ETR:PAH3) opened at €76.76 ($91.38) on Thursday. Porsche Automobil has a 52-week low of €47.28 ($56.29) and a 52-week high of €80.14 ($95.40). The stock has a market cap of $11,650.00 and a PE ratio of 10.23.

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About Porsche Automobil

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)

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