Brokerages Set Porsche Automobil Holding SE (OTCMKTS:POAHY) PT at $134.00

Posted by Defense World Staff on Aug 6th, 2023

Porsche Automobil Holding SE (OTCMKTS:POAHY – Get Free Report) has received a consensus recommendation of “Moderate Buy” from the six ratings firms that are covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $134.00.

Separately, Berenberg Bank initiated coverage on Porsche Automobil in a research note on Wednesday, June 14th. They set a “buy” rating for the company.

Porsche Automobil Stock Down 0.2 %

Shares of OTCMKTS POAHY opened at $5.67 on Thursday. The stock has a fifty day moving average price of $5.89 and a two-hundred day moving average price of $5.80. Porsche Automobil has a 1 year low of $5.22 and a 1 year high of $7.50.

Porsche Automobil Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, July 20th. Stockholders of record on Monday, July 3rd were given a dividend of $0.1802 per share. The ex-dividend date of this dividend was Friday, June 30th.

Porsche Automobil Company Profile

(Get Free Report

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, Bugatti, Lamborghini, and Porsche brand names.