Porsche Automobil Holding SE (OTCMKTS:POAHY) Given Consensus Rating of "Reduce" by Brokerages

Shares of Porsche Automobil Holding SE (OTCMKTS:POAHY - Get Free Report) have been given an average rating of "Reduce" by the eight research firms that are presently covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a sell rating, four have given a hold rating and one has assigned a strong buy rating to the company.

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

Porsche Automobil Price Performance

POAHY traded down $0.13 during midday trading on Friday, hitting $3.35. 829,308 shares of the company were exchanged, compared to its average volume of 290,803. The company's 50 day simple moving average is $3.88 and its 200 day simple moving average is $3.90. Porsche Automobil has a 1-year low of $3.30 and a 1-year high of $5.58.

Porsche Automobil Company Profile

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.