Kepler Capital Markets Analysts Give Porsche Automobil (ETR:PAH3) a €58.00 Price Target
Kepler Capital Markets set a €58.00 ($68.24) price objective on Porsche Automobil (ETR:PAH3) in a research note published on Tuesday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
A number of other research analysts have also issued reports on the stock. Independent Research set a €59.00 ($69.41) target price on shares of Porsche Automobil and gave the company a buy rating in a report on Monday, July 20th. Bank of America set a €54.00 ($63.53) price objective on shares of Porsche Automobil and gave the company a neutral rating in a research report on Tuesday, June 16th. Finally, UBS Group set a €56.00 ($65.88) target price on shares of Porsche Automobil and gave the stock a buy rating in a research report on Wednesday, April 15th. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company currently has an average rating of Buy and a consensus target price of €66.86 ($78.66).
PAH3 stock opened at €52.20 ($61.41) on Tuesday. The company has a debt-to-equity ratio of 0.12, a current ratio of 5.87 and a quick ratio of 5.48. The firm has a market capitalization of $7.99 billion and a P/E ratio of 4.90. Porsche Automobil has a 1 year low of €28.28 ($33.27) and a 1 year high of €70.66 ($83.13). The business’s 50-day moving average is €52.47 and its two-hundred day moving average is €50.37.
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, KODA, Bentley, Bugatti, Lamborghini, Porsche, Ducati, Scania, and MAN brand names.
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