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

Shares of Porsche Automobil Holding SE (OTCMKTS:POAHY) have earned a consensus rating of “Reduce” from the eight research firms that are covering the stock, MarketBeat.com reports. Three equities research analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and one has assigned a strong buy recommendation to the company.

Several research firms have recently issued reports on POAHY. The Goldman Sachs Group lowered shares of Porsche Automobil from a “strong-buy” rating to a “strong sell” rating in a research report on Tuesday, January 14th. Berenberg Bank lowered shares of Porsche Automobil from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 10th. DZ Bank lowered shares of Porsche Automobil from a “strong-buy” rating to a “hold” rating in a research report on Friday, March 28th. Finally, Hsbc Global Res raised shares of Porsche Automobil from a “moderate sell” rating to a “hold” rating in a research report on Thursday, February 13th.

Porsche Automobil Stock Down 0.2 %

Shares of POAHY stock opened at $4.05 on Tuesday. Porsche Automobil has a 52 week low of $3.30 and a 52 week high of $5.47. The firm’s 50-day simple moving average is $3.90 and its two-hundred day simple moving average is $3.84.

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.