Independent Research GmbH Reiterates “€72.00” Price Target for Porsche Automobil Holding SE (PAH3)

Porsche Automobil Holding SE (ETR:PAH3) has been given a €72.00 ($83.72) target price by stock analysts at Independent Research GmbH in a note issued to investors on Monday. The brokerage presently has a “buy” rating on the stock. Independent Research GmbH’s target price would suggest a potential upside of 17.32% from the company’s current price.

A number of other research firms also recently weighed in on PAH3. Kepler Capital Markets set a €66.00 ($76.74) target price on Porsche Automobil Holding SE and gave the company a “neutral” rating in a research report on Wednesday, November 8th. Warburg Research set a €65.00 ($75.58) target price on Porsche Automobil Holding SE and gave the company a “neutral” rating in a research report on Wednesday, November 8th. Nord/LB set a €70.00 ($81.40) target price on Porsche Automobil Holding SE and gave the company a “buy” rating in a research report on Thursday. Societe Generale set a €84.00 ($97.67) target price on Porsche Automobil Holding SE and gave the company a “buy” rating in a research report on Thursday, November 2nd. Finally, Goldman Sachs Group, Inc. (The) set a €80.00 ($93.02) target price on Porsche Automobil Holding SE and gave the company a “buy” rating in a research report on Thursday, October 19th. Three investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Porsche Automobil Holding SE currently has a consensus rating of “Buy” and an average target price of €71.55 ($83.19).

Shares of Porsche Automobil Holding SE (ETR:PAH3) opened at €61.37 ($71.36) on Monday. Porsche Automobil Holding SE has a 1 year low of €44.11 ($51.29) and a 1 year high of €65.32 ($75.95).

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About Porsche Automobil Holding SE

Porsche Automobil Holding SE operates as an automobile manufacturer worldwide. Its products include motorcycles, sports cars, passenger cars, light commercial vehicles, trucks, and buses. The company markets and sells its products under the Volkswagen, Audi, SEAT, ŠKODA, Bentley, Bugatti, Lamborghini, Porsche, Ducati, Scania, and MAN brand names.

Analyst Recommendations for Porsche Automobil Holding SE (ETR:PAH3)

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