Barclays Upgrades Porsche Automobil (OTCMKTS:POAHY) to "Hold"

Barclays upgraded shares of Porsche Automobil (OTCMKTS:POAHY - Free Report) from a strong sell rating to a hold rating in a report issued on Tuesday, May 6th,Zacks.com reports.

A number of other brokerages have also commented on POAHY. DZ Bank lowered Porsche Automobil from a "strong-buy" rating to a "hold" rating in a research report on Friday, March 28th. Berenberg Bank lowered Porsche Automobil from a "strong-buy" rating to a "hold" rating in a research report on Monday, February 10th. The Goldman Sachs Group lowered Porsche Automobil from a "strong-buy" rating to a "strong sell" rating in a research report on Tuesday, January 14th. Finally, Hsbc Global Res upgraded Porsche Automobil from a "moderate sell" rating to a "hold" rating in a research report on Thursday, February 13th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, Porsche Automobil has an average rating of "Hold".

Porsche Automobil Stock Performance

Shares of Porsche Automobil stock traded up $0.08 during trading on Tuesday, reaching $4.20. The company's stock had a trading volume of 336,176 shares, compared to its average volume of 316,788. The stock has a 50-day moving average price of $3.92 and a two-hundred day moving average price of $3.82. Porsche Automobil has a one year low of $3.30 and a one year high of $5.47.

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.