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

Hsbc Global Res upgraded shares of Porsche Automobil (OTCMKTS:POAHY) from a moderate sell rating to a hold rating in a research report released on Thursday morning,Zacks.com reports.

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

Porsche Automobil Stock Performance

Shares of POAHY opened at $3.94 on Thursday. The firm’s 50-day simple moving average is $3.74 and its two-hundred day simple moving average is $4.02. Porsche Automobil has a fifty-two week low of $3.47 and a fifty-two week 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.