Porsche (ETR:PAH3) received a €103.00 ($127.16) target price from Credit Suisse Group in a report issued on Thursday, March 22nd. The brokerage presently has a “buy” rating on the stock. Credit Suisse Group’s target price suggests a potential upside of 41.44% from the stock’s current price.
A number of other equities analysts also recently commented on PAH3. Independent Research set a €83.00 ($102.47) price target on Porsche and gave the stock a “neutral” rating in a research note on Thursday, January 25th. Kepler Capital Markets set a €76.00 ($93.83) target price on shares of Porsche and gave the stock a “neutral” rating in a report on Wednesday, March 21st. BNP Paribas set a €82.00 ($101.23) target price on shares of Porsche and gave the stock a “neutral” rating in a report on Friday, January 19th. HSBC set a €79.00 ($97.53) target price on shares of Porsche and gave the stock a “buy” rating in a report on Thursday, November 30th. Finally, UBS set a €80.00 ($98.77) target price on shares of Porsche and gave the stock a “buy” rating in a report on Friday, December 1st. Seven research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of €80.10 ($98.89).
ETR:PAH3 traded up €0.88 ($1.09) during mid-day trading on Thursday, reaching €72.82 ($89.90). The stock had a trading volume of 411,876 shares, compared to its average volume of 502,739. Porsche has a 1-year low of €47.28 ($58.37) and a 1-year high of €80.14 ($98.94).
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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, ?KODA, Bentley, Bugatti, Lamborghini, Porsche, Ducati, Scania, and MAN brand names.
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