Porsche AG

P911

DE000PAG9113

Auto & Truck Manufacturers

Market Closed - Xetra Other stock markets 11:35:11 2024-07-16 am EDT			After market 03:58:16 pm
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 : Gets a Neutral rating from RBC

January 20, 2023 at 07:17 am EST

Analyst Tom Narayan from RBC research gives the stock a Neutral rating. The target price is revised downwards from EUR 90 to EUR 81.

Latest news about Porsche AG

China's reduced spending saps European luxury stocks	11:31am	RE
Porsche: launch of two new models in the Macan range	11:20am	CF
European autos, clean energy feel the pinch of Trump 2.0 bets	11:05am	RE
Dollar, US futures rise as 'Trump trade' stings other assets	08:34am	RE
Car stocks suffer from gloomy prospects in China and the USA	05:37am	DP
Overview of German car manufacturers' deliveries in the H1 2024	Jul. 15
Markets Powered by Alternating Current	Jul. 10
Porsche AG shares rise to top of DAX, traders point to pre-close call	Jul. 10	RE
German car manufacturers weaken in sales	Jul. 10	DP
PORSCHE AG : Buy rating from Deutsche Bank	Jul. 10	ZD
PORSCHE AG : JP Morgan reaffirms its Buy rating	Jul. 10	ZD
BMW leads German premium car brands in first-half sales	Jul. 10	RE
Porsche AG continues recovery after record low	Jul. 10	DP
PORSCHE AG : Bernstein sticks Neutral	Jul. 10	ZD
PORSCHE AG : Gets a Buy rating from Goldman Sachs	Jul. 10	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

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

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.	+26.62%	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 : Gets a Neutral rating from RBC

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