Porsche Automobil (OTCMKTS:POAHY) Upgraded by Hsbc Global Res to “Hold” Rating

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

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

Porsche Automobil Trading Up 1.0 %

Shares of POAHY stock opened at $3.94 on Thursday. Porsche Automobil has a 12 month low of $3.47 and a 12 month high of $5.58. The stock has a 50 day moving average of $3.73 and a 200-day moving average of $4.02.

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.