Porsche AG

P911

DE000PAG9113

Auto & Truck Manufacturers

Market Closed - Xetra Other stock markets 09:05:11 16/07/2024 pm IST			After market 01:28:16 am
71.76 ^EUR	-4.70%		72	+0.33%

05:31pm	China's reduced spending saps European luxury stocks	RE
05:20pm	Porsche: launch of two new models in the Macan range	CF

PORSCHE AG : UBS keeps its Buy rating

January 12, 2024 at 04:28 pm IST

In a research note published by Patrick Hummel, UBS advises its customers to buy the stock. The target price is reduced from EUR 115 to EUR 104.

Latest news about Porsche AG

China's reduced spending saps European luxury stocks	09:01pm	RE
Porsche: launch of two new models in the Macan range	08:50pm	CF
European autos, clean energy feel the pinch of Trump 2.0 bets	08:35pm	RE
Dollar, US futures rise as 'Trump trade' stings other assets	06:04pm	RE
Car stocks suffer from gloomy prospects in China and the USA	03:07pm	DP
Overview of German car manufacturers' deliveries in the H1 2024	15/07
Markets Powered by Alternating Current	10/07
Porsche AG shares rise to top of DAX, traders point to pre-close call	10/07	RE
German car manufacturers weaken in sales	10/07	DP
PORSCHE AG : Buy rating from Deutsche Bank	10/07	ZD
PORSCHE AG : JP Morgan reaffirms its Buy rating	10/07	ZD
BMW leads German premium car brands in first-half sales	10/07	RE
Porsche AG continues recovery after record low	10/07	DP
PORSCHE AG : Bernstein sticks Neutral	10/07	ZD
PORSCHE AG : Gets a Buy rating from Goldman Sachs	10/07	ZD
PORSCHE AG : Gets a Neutral rating from Jefferies	10/07	ZD
Porsche downgrades earnings outlook for FY 2024	09/07	RE
Mixed feelings	09/07
Porsche: -7% fewer vehicles delivered in 1st half-year	09/07	CF
Porsche sells fewer cars in the first half of the year - plus in Europe	09/07	RE
Porsche AG posts 7% delivery decline in H1	09/07	RE
German Shares Little Changed After French Snap Elections	08/07	MT
Porsche AG to End Production of Gas-powered Macan for Non-European Markets by 2026	08/07	MT
PORSCHE AG : Receives a Buy rating from Deutsche Bank	08/07	ZD
Porsche stops production of some combustion models early	08/07	RE

Porsche AG (Dr. Ing. h.c. F. Porsche Aktiengesellschaft) specializes in the design, manufacture and marketing of luxury sports cars. The group offers two-door sedans, four-door sedans and sports utility vehicles. Net sales break down by activity as follows: - sale of vehicles (77%): 320,221 units sold in 2023 under the Cayenne (87,553 units), Macan (87,355), 911 (50,146), Taycan (40,629), Panamera (34,020), 718 Boxster and 718 Cayman (20,518) brands; - financial services (8.4%); - sale of spare parts (4.7%); - sale of used vehicles (3.5%); - other (6.4%). Net sales are distributed geographically as follows: Germany (11.9%), Europe (21.4%), North America (29.2%), China (23.3%) and other (14.2%).

Sector

Auto & Truck Manufacturers

Calendar

24/07/2024 - Q2 2024 Earnings Release

Related indices

STOXX EUROPE 600 (EUR) , DAX

More about the company

Income Statement Evolution

More financial data

Analysis / Opinion

PORSCHE AG : Opinion change, from Add to Reduce

June 10, 2024 at 03:46 pm IST

Porsche AG : The best of both worlds?

March 14, 2023 at 10:12 pm IST

More Strategies

Ratings for Porsche AG

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

75.3 EUR

Average target price

93.15 EUR

Spread / Average Target

+23.70%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Automobiles & Multi Utility Vehicles

	1st Jan change	Capi.
PORSCHE AG	-10.19%	74.87B
BYD COMPANY LIMITED	+12.22%	99.49B
STELLANTIS N.V.	-12.57%	77.54B
FERRARI N.V.	+26.83%	77.01B
KIA CORPORATION	+22.90%	34.21B
SAIC MOTOR CORPORATION LIMITED	+7.32%	22.5B
CHONGQING CHANGAN AUTOMOBILE COMPANY LIMITED	-5.17%	18.3B
FORD OTOMOTIV SANAYI	+42.93%	11.36B
GUANGZHOU AUTOMOBILE GROUP CO., LTD.	-21.49%	9.06B
YUTONG BUS CO.,LTD.	+81.51%	7.31B

Automobiles & Multi Utility Vehicles

Porsche AG

Equities

P911

DE000PAG9113

Auto & Truck Manufacturers

PORSCHE AG : UBS keeps its Buy rating

Latest news about Porsche AG

Chart Porsche AG

Company Profile

Income Statement Evolution

Analysis / Opinion

Ratings for Porsche AG

Analysts' Consensus

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Automobiles & Multi Utility Vehicles