Porsche AG

P911

DE000PAG9113

Auto & Truck Manufacturers

Real-time Estimate Tradegate Other stock markets 04:29:15 2024-07-10 am EDT			5-day change	1st Jan Change
75.33 ^EUR	+3.79%		+9.63%	-5.38%

08:39am	PORSCHE AG : Bernstein sticks Neutral	ZD
08:29am	PORSCHE AG : Gets a Buy rating from Goldman Sachs	ZD

PORSCHE AG : Gets a Buy rating from Goldman Sachs

July 10, 2024 at 02:29 am EDT

In a research note published by George Galliers, Goldman Sachs advises its customers to buy the stock. The target price is set at 109 versus 108 EUR.

Latest news about Porsche AG

PORSCHE AG : Bernstein sticks Neutral	02:39am	ZD
PORSCHE AG : Gets a Buy rating from Goldman Sachs	02:29am	ZD
PORSCHE AG : Gets a Neutral rating from Jefferies	Jul. 09	ZD
Porsche downgrades earnings outlook for FY 2024	Jul. 09	RE
Mixed feelings	Jul. 09
Porsche: -7% fewer vehicles delivered in 1st half-year	Jul. 09	CF
Porsche sells fewer cars in the first half of the year - plus in Europe	Jul. 09	RE
Porsche AG posts 7% delivery decline in H1	Jul. 09	RE
German Shares Little Changed After French Snap Elections	Jul. 08	MT
Porsche AG to End Production of Gas-powered Macan for Non-European Markets by 2026	Jul. 08	MT
PORSCHE AG : Receives a Buy rating from Deutsche Bank	Jul. 08	ZD
Porsche stops production of some combustion models early	Jul. 08	RE
Dpa-AFX Overview: COMPANIES from 05.07.2024 - 15:15	Jul. 05	DP
Porsche to take over Varta's electric car battery division	Jul. 05	RE
Varta Shares Jump on Porsche's Potential Investment in Battery Unit	Jul. 05	DJ
Porsche wants to take over Varta's e-car battery business - share price up	Jul. 05	DP
Porsche in Talks to Invest in Varta Lithium-Ion Battery Division	Jul. 05	DJ
Equities Frankfurt Outlook: Well maintained expected - Dax beckons clear weekly gain	Jul. 05	DP
VW subsidiary Porsche AG wants to take over Varta's e-car battery business	Jul. 05	DP
Varta in Talks to Sell Majority V4Drive Battery Unit Stake to Porsche	Jul. 05	MT
German battery maker Varta eyes Porsche investment for battery unit	Jul. 04	RE
Varta Says Co In Talks With Porsche About Investment In V4drive Business	Jul. 04	RE
Reaction to EU duties on China-built EVs	Jul. 04	RE
EU punitive tariffs against China only have a moderate impact on the automotive sector	Jul. 04	DP
China reaffirms willingness to negotiate in tariff dispute over e-cars	Jul. 04	DP

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

2024-07-24 - 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 06:16 am EDT

Porsche AG : The best of both worlds?

March 14, 2023 at 12:42 pm EDT

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

72.58 EUR

Average target price

95.04 EUR

Spread / Average Target

+30.95%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Automobiles & Multi Utility Vehicles

	1st Jan change	Capi.
PORSCHE AG	-5.38%	71.47B
BYD COMPANY LIMITED	+10.45%	95.78B
FERRARI N.V.	+25.96%	76.62B
MARUTI SUZUKI INDIA LTD	+25.47%	48.3B
KIA CORPORATION	+22.50%	34.88B
SAIC MOTOR CORPORATION LIMITED	-0.22%	21.29B
CHONGQING CHANGAN AUTOMOBILE COMPANY LIMITED	-17.65%	16.55B
FORD OTOMOTIV SANAYI	+42.12%	11.38B
GUANGZHOU AUTOMOBILE GROUP CO., LTD.	-26.72%	8.52B
YUTONG BUS CO.,LTD.	+91.70%	7.73B

Automobiles & Multi Utility Vehicles

Porsche AG

Equities

P911

DE000PAG9113

Auto & Truck Manufacturers

PORSCHE AG : Gets a Buy rating from Goldman Sachs

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