Porsche Automobil (ETR:PAH3) PT Set at €60.00 by Sanford C. Bernstein

Porsche Automobil (ETR:PAH3Get Rating) has been given a €60.00 ($64.52) price target by analysts at Sanford C. Bernstein in a report released on Monday, Borsen Zeitung reports. Sanford C. Bernstein’s target price would indicate a potential downside of 22.88% from the stock’s previous close.

Other analysts have also issued reports about the company. Warburg Research set a €133.00 ($143.01) price objective on Porsche Automobil in a research note on Wednesday, February 23rd. UBS Group set a €120.00 ($129.03) price target on Porsche Automobil in a research report on Monday, February 28th. Bank of America set a €90.00 ($96.77) price objective on shares of Porsche Automobil in a research report on Tuesday, April 26th. The Goldman Sachs Group set a €97.00 ($104.30) target price on shares of Porsche Automobil in a report on Thursday, March 17th. Finally, Jefferies Financial Group set a €93.00 ($100.00) price target on shares of Porsche Automobil in a report on Monday, February 28th.

PAH3 opened at €77.80 ($83.66) on Monday. Porsche Automobil has a 12 month low of €67.02 ($72.06) and a 12 month high of €102.00 ($109.68). The company has a market cap of $11.91 billion and a PE ratio of 5.22. The company has a current ratio of 12.21, a quick ratio of 12.11 and a debt-to-equity ratio of 0.09. The company has a 50 day moving average of €79.26 and a 200 day moving average of €81.96.

About Porsche Automobil (Get Rating)

Porsche Automobil Holding SE, through its subsidiaries, operates as an automobile manufacturer worldwide. It operates through two segments, PSE and Intelligent Transport Systems. 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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