Porsche Automobil (OTCMKTS:POAHY) Rating Lowered to Hold at Kepler Capital Markets

Kepler Capital Markets downgraded shares of Porsche Automobil (OTCMKTS:POAHY - Free Report) from a strong-buy rating to a hold rating in a report released on Thursday morning,Zacks.com reports.

Several other analysts have also commented on the stock. Barclays raised shares of Porsche Automobil from a "strong sell" rating to a "hold" rating in a research report on Tuesday, May 6th. Hsbc Global Res raised shares of Porsche Automobil from a "moderate sell" rating to a "hold" rating in a research report on Thursday, February 13th. Berenberg Bank lowered shares of Porsche Automobil from a "strong-buy" rating to a "hold" rating in a report on Monday, February 10th. Finally, DZ Bank lowered shares of Porsche Automobil from a "strong-buy" rating to a "hold" rating in a report on Friday, March 28th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, Porsche Automobil currently has an average rating of "Hold".

Porsche Automobil Stock Up 1.2%

Porsche Automobil stock traded up $0.05 during midday trading on Thursday, hitting $4.21. 182,314 shares of the stock were exchanged, compared to its average volume of 308,475. Porsche Automobil has a 52-week low of $3.30 and a 52-week high of $5.47. The business's 50-day moving average price is $3.92 and its 200-day moving average price is $3.82.

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.