Porsche Automobil Holding SE traded at 29.10 this Wednesday August 5th, decreasing 0.21 or 0.72 percent since the previous trading session. Looking back, over the last four weeks, Porsche Automobil lost 2.57 percent. Over the last 12 months, its price fell by 16.83 percent. Looking ahead, we forecast Porsche Automobil Holding SE to be priced at 28.00 by the end of this quarter and at 25.80 in one year, according to Trading Economics global macro models projections and analysts expectations.
Porsche Automobil Holding SE (Porsche SE) is a Germany-based holding company engaged in the automobile manufacture industry. The Company is engaged in the holding and managing of its investments in Volkswagen AG, through which the Company manages twelve motor brands from seven European countries: Volkswagen Passenger Cars, Audi, SEAT, Skoda, Bentley, Bugatti, Lamborghini, Porsche, Ducati, Volkswagen Commercial Vehicles, Scania and MAN. In addition, the Company is also active in parts distribution, after sales and invests in the automotive value chain, this comprises the spectrum of basic technologies geared to supporting the development and production process through to vehicle- and mobility-related services. The Company holds a wholly owned subsidiary, PTV Planung Transport Verkehr AG, and one majority owned subsidiary, Volkswagen AG. In addition, Porsche SE holds minority stakes in a number of technology companies based in the United States, Israel and Germany.