Porsche Automobil (OTCMKTS:POAHY) Upgraded to "Hold" at Barclays

Barclays upgraded shares of Porsche Automobil (OTCMKTS:POAHY - Free Report) from a strong sell rating to a hold rating in a research note published on Tuesday,Zacks.com reports.

A number of other research analysts have also recently weighed in on the stock. DZ Bank cut shares of Porsche Automobil from a "strong-buy" rating to a "hold" rating in a report on Friday, March 28th. Berenberg Bank cut shares of Porsche Automobil from a "strong-buy" rating to a "hold" rating in a research note on Monday, February 10th. The Goldman Sachs Group cut shares of Porsche Automobil from a "strong-buy" rating to a "strong sell" rating in a research note on Tuesday, January 14th. Finally, Hsbc Global Res raised shares of Porsche Automobil from a "moderate sell" rating to a "hold" rating in a research note on Thursday, February 13th. Two investment 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. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold".

Porsche Automobil Stock Up 1.5%

POAHY traded up $0.06 on Tuesday, reaching $4.16. The stock had a trading volume of 481,384 shares, compared to its average volume of 317,842. Porsche Automobil has a 12-month low of $3.30 and a 12-month high of $5.47. The business's 50-day moving average price is $3.92 and its two-hundred day moving average price is $3.82.

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.