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Reitman covers the Consumer Cyclical sector, focusing on stocks such as Bayerische Motoren Werke Aktiengesellschaft, Mercedes-Benz Group, and Ferrari. According to TipRanks, Reitman has an average return of 7.1% and a 49.04% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for Porsche Automobil Holding with a €41.27 average price target, representing a -39.73% downside. In a report released on January 21, Berenberg Bank also downgraded the stock to a Hold with a €41.00 price target.
Based on Porsche Automobil Holding's latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of €457 million and a net profit of €375 million. In comparison, last year the company earned a revenue of €1.36 billion and had a net profit of €1.49 billion