Porsche Automobil Holding SE (OTCMKTS:POAHY) Given Average Rating of "Hold" by Analysts

Porsche Automobil Holding SE (OTCMKTS:POAHY - Get Free Report) has received a consensus recommendation of "Hold" from the nine analysts that are presently covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and one has assigned a strong buy rating to the company.

POAHY has been the subject of a number of research analyst reports. Hsbc Global Res raised shares of Porsche Automobil from a "moderate sell" rating to a "hold" rating in a report on Thursday, February 13th. Berenberg Bank downgraded shares of Porsche Automobil from a "strong-buy" rating to a "hold" rating in a report on Monday, February 10th. DZ Bank downgraded shares of Porsche Automobil from a "strong-buy" rating to a "hold" rating in a report on Friday, March 28th. Barclays raised shares of Porsche Automobil from a "strong sell" rating to a "hold" rating in a report on Tuesday, May 6th. Finally, Kepler Capital Markets downgraded shares of Porsche Automobil from a "strong-buy" rating to a "hold" rating in a report on Thursday, May 15th.

Porsche Automobil Price Performance

OTCMKTS POAHY traded down $0.01 on Friday, reaching $3.93. The company's stock had a trading volume of 132,519 shares, compared to its average volume of 300,242. Porsche Automobil has a twelve month low of $3.30 and a twelve month high of $5.47. The firm's 50 day moving average is $3.92 and its two-hundred day moving average is $3.83.

Porsche Automobil Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, June 12th. Shareholders of record on Wednesday, May 28th will be issued a dividend of $0.112 per share. The ex-dividend date is Tuesday, May 27th. This represents a yield of 2.69%.

About Porsche Automobil

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.