Porsche Automobil (OTCMKTS:POAHY) Downgraded to Strong Sell at Barclays

Barclays cut shares of Porsche Automobil (OTCMKTS:POAHY) from a hold rating to a strong sell rating in a report released on Thursday morning, Zacks.com reports.

Separately, Sanford C. Bernstein started coverage on Porsche Automobil in a research report on Tuesday, August 20th. They issued a market perform rating for the company.

Porsche Automobil Stock Up 1.2 %

Shares of POAHY stock opened at $4.32 on Thursday. The firm’s 50 day moving average price is $4.38 and its two-hundred day moving average price is $4.81. Porsche Automobil has a fifty-two week low of $4.12 and a fifty-two week high of $5.58.

Porsche Automobil Company Profile

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.