Porsche Automobil (ETR:PAH3) received a €86.70 ($103.21) price objective from analysts at JPMorgan Chase & Co. in a report released on Wednesday. The brokerage presently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s price target suggests a potential upside of 14.99% from the stock’s previous close.

A number of other research analysts also recently issued reports on PAH3. Societe Generale set a €84.00 ($100.00) target price on shares of Porsche Automobil and gave the company a “buy” rating in a research report on Thursday, November 2nd. HSBC set a €79.00 ($94.05) target price on shares of Porsche Automobil and gave the company a “buy” rating in a research report on Thursday, November 30th. UBS Group set a €80.00 ($95.24) target price on shares of Porsche Automobil and gave the company a “buy” rating in a research report on Friday, December 1st. Kepler Capital Markets set a €66.00 ($78.57) target price on shares of Porsche Automobil and gave the company a “neutral” rating in a research report on Wednesday, November 8th. Finally, Independent Research set a €82.00 ($97.62) target price on shares of Porsche Automobil and gave the company a “buy” rating in a research report on Thursday, November 30th. Four investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. Porsche Automobil presently has an average rating of “Buy” and an average target price of €79.26 ($94.36).

Porsche Automobil (PAH3) traded down €0.34 ($0.40) during trading on Wednesday, hitting €75.40 ($89.76). 548,587 shares of the company were exchanged, compared to its average volume of 476,227. Porsche Automobil has a 52 week low of €47.28 ($56.29) and a 52 week high of €76.08 ($90.57). The firm has a market cap of $11,660.00 and a P/E ratio of 10.05.

TRADEMARK VIOLATION NOTICE: “JPMorgan Chase & Co. Analysts Give Porsche Automobil (PAH3) a €86.70 Price Target” was reported by Watch List News and is owned by of Watch List News. If you are reading this piece on another domain, it was illegally stolen and reposted in violation of United States and international copyright legislation. The original version of this piece can be accessed at https://www.watchlistnews.com/jpmorgan-chase-86-70-price-target/1801318.html.

Porsche Automobil Company Profile

Porsche Automobil Holding SE operates as an automobile manufacturer worldwide. Its products include motorcycles, sports cars, passenger cars, light commercial vehicles, trucks, and buses. The company markets and sells its products under the Volkswagen, Audi, SEAT, ŠKODA, Bentley, Bugatti, Lamborghini, Porsche, Ducati, Scania, and MAN brand names.

Analyst Recommendations for Porsche Automobil (ETR:PAH3)

Receive News & Ratings for Porsche Automobil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Porsche Automobil and related companies with MarketBeat.com's FREE daily email newsletter.