ubs lowers target price for porsche shares while maintaining neutral rating

UBS AG has given Porsche Automobil vz shares a "Neutral" rating and reduced the target price from €52 to €42.

The adjustment in target price is based on revised estimates for Volkswagen and Porsche AG, as well as updated projections for Porsche SE following the release of the holding company's half-year results.

Porsche Automobil vz shares are currently trading at €39.88, representing a 0.1% decrease and indicating a potential upside of 5.32% relative to the new target price.

The share price has declined by 9.2% year-to-date.

The Q3 2024 key figures will be released on November 13, 2024.

The analysis was published on October 21, 2024, by dpa-AFX, with the original study disseminated simultaneously.

For more information on potential conflicts of interest related to the analyst firm, please refer to the official disclosure website.

Trending
Subcategory:
Countries:
Companies:
Currencies:
People:

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Newsletter

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings