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.

About Porsche Automobil

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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