Porsche AG has received a 'Buy' rating from UBS, with a target price of 87 euros, based on the company's third-quarter results.
Analyst Patrick Hummel expressed some disappointment in the operating profit margin of the sports car manufacturer, which has raised concerns about the outlook for the upcoming year. The forecast for earnings per share in 2025 suggests that market expectations may need to be adjusted downward.
This assessment comes as Porsche faces challenges in maintaining profitability in a competitive automotive landscape.