Porsche Automobil Holding SE Unsponsored ADR (OTCMKTS:POAHY) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Porsche Automobil Holding SE Unsponsored ADR (OTCMKTS:POAHY) have been given an average rating of “Hold” by the seven brokerages that are presently covering the firm, Marketbeat reports. Seven equities research analysts have rated the stock with a hold rating.

POAHY has been the topic of several research analyst reports. UBS Group upgraded Porsche Automobil from a “sell” rating to a “neutral” rating in a research note on Tuesday, November 4th. The Goldman Sachs Group raised Porsche Automobil to a “hold” rating in a report on Monday, November 24th.

Porsche Automobil Trading Down 1.2%

Shares of Porsche Automobil stock opened at $4.30 on Friday. The business’s 50 day moving average is $4.45 and its 200-day moving average is $4.18. Porsche Automobil has a 12-month low of $3.30 and a 12-month high of $4.79.

About Porsche Automobil

Porsche Automobil Holding SE, trading in the United States as an OTC ADR under the symbol POAHY, is a German publicly traded holding company whose principal business activity is managing long-term equity investments in the global automotive sector. The company’s core asset is a majority economic interest and significant voting control in Volkswagen AG, one of the world’s leading automotive manufacturers. Through this stake, Porsche Automobil takes an active governance role across Volkswagen’s portfolio of brands, including Volkswagen Passenger Cars, Audi, SEAT, ŠKODA, Bentley, Bugatti, Lamborghini and Porsche AG.