Porsche Automobil Holding SE Unsponsored ADR (OTCMKTS:POAHY – Get Free Report) saw strong trading volume on Monday . 300,280 shares traded hands during trading, a decline of 10% from the previous session’s volume of 334,043 shares.The stock last traded at $3.08 and had previously closed at $3.07.
Analyst Ratings Changes
A number of brokerages have commented on POAHY. The Goldman Sachs Group raised shares of Porsche Automobil from a “hold” rating to a “strong-buy” rating in a research note on Thursday, June 11th. UBS Group upgraded shares of Porsche Automobil from a “hold” rating to a “strong-buy” rating in a research report on Monday, June 8th. Two investment analysts have rated the stock with a Strong Buy rating, According to data from MarketBeat.com, the stock presently has an average rating of “Strong Buy”.
Check Out Our Latest Report on POAHY
Porsche Automobil Price Performance
Porsche Automobil Company Profile
Porsche Automobil Holding SE, trading in the United States as an OTC ADR under the symbol POAHY, is a German publicly traded holding company whose principal business activity is managing long-term equity investments in the global automotive sector. The company’s core asset is a majority economic interest and significant voting control in Volkswagen AG, one of the world’s leading automotive manufacturers. Through this stake, Porsche Automobil takes an active governance role across Volkswagen’s portfolio of brands, including Volkswagen Passenger Cars, Audi, SEAT, ŠKODA, Bentley, Bugatti, Lamborghini and Porsche AG.
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