Porsche Automobil (OTCMKTS:POAHY) Upgraded at Hsbc Global Res

Porsche Automobil (OTCMKTS:POAHY) was upgraded by investment analysts at Hsbc Global Res from a “moderate sell” rating to a “hold” rating in a report issued on Thursday,Zacks.com reports.

Other analysts have also issued reports about the company. Berenberg Bank lowered Porsche Automobil from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 10th. The Goldman Sachs Group downgraded shares of Porsche Automobil from a “strong-buy” rating to a “strong sell” rating in a report on Tuesday, January 14th. Citigroup upgraded shares of Porsche Automobil from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 23rd. Finally, UBS Group cut shares of Porsche Automobil from a “hold” rating to a “strong sell” rating in a research note on Monday, December 9th. Three analysts have rated the stock with a sell rating, three have given a hold rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold”.

Porsche Automobil Price Performance

Porsche Automobil stock opened at $3.94 on Thursday. The firm has a 50 day moving average price of $3.73 and a 200-day moving average price of $4.02. Porsche Automobil has a twelve month low of $3.47 and a twelve month 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.