Porsche Automobil Holding SE (OTCMKTS:POAHY) Receives Average Rating of “Reduce” from Analysts

Porsche Automobil Holding SE (OTCMKTS:POAHY) has been given a consensus recommendation of “Reduce” by the seven brokerages that are covering the firm, MarketBeat.com reports. Three analysts have rated the stock with a sell recommendation, three have given a hold recommendation and one has given a strong buy recommendation to the company.

POAHY has been the subject of a number of recent research reports. The Goldman Sachs Group lowered Porsche Automobil from a “strong-buy” rating to a “strong sell” rating in a research note on Tuesday, January 14th. UBS Group downgraded Porsche Automobil from a “hold” rating to a “strong sell” rating in a report on Monday, December 9th. Hsbc Global Res upgraded Porsche Automobil from a “moderate sell” rating to a “hold” rating in a research report on Thursday, February 13th. Finally, Berenberg Bank lowered shares of Porsche Automobil from a “strong-buy” rating to a “hold” rating in a report on Monday, February 10th.

Porsche Automobil Price Performance

Shares of POAHY stock opened at $4.19 on Monday. Porsche Automobil has a fifty-two week low of $3.47 and a fifty-two week high of $5.58. The stock’s 50-day simple moving average is $3.82 and its 200-day simple moving average is $3.98.

About Porsche Automobil

Porsche Automobil Holding SE, through its subsidiaries, operates as an automobile manufacturer worldwide. It operates in two segments, Core Investments and Portfolio Investments. The company is involved in investments in the areas of mobility and industrial technology. It offers its products under the Volkswagen, Audi, SEAT, KODA, Bentley, Lamborghini, and Porsche brand names.