Porsche share in free fall: Beat cheap now?

Porsche share in free fall: Beat cheap now?

Porsche, Deutschland - The Porsche share is slightly strengthened on the stock market and currently notes at 36.07 euros, such as ariva.de reported. This is an encouraging sign for investors who want to invest in the sports car giants.

However, the situation is more complex! The course fell by a third compared to the highest stands, which were over 120 euros two years ago. The latest half -year numbers were disappointing and there was a winning warning. In this context, analysts discuss intensively whether the entry into the Porsche share is now worthwhile. What is certain is that the starting position was very promising when the IPO at 82.50 euros. According to Stuttgarter Zeitung Analyst Frank Biller, car expert at LBBW, considers the current problems to be temporary. He emphasizes the need to put the value of the vehicles over the volume in order to exist in the luxury category.

analysts give hope

The challenges in front of Porsche include a weakening Chinese market and problems with the introduction of new electric vehicles. Despite these adversity, experts agree that the Porsche brand should not be written off. Analysts encourage investors to stick to the Porsche share because she sees the potential to stabilize again in the near future.

Biller leads the comparison to Ferrari to explain that Porsche cannot achieve the same profit margins despite higher sales. With a clever cost reduction strategy, however, the company can remain profitable even with a reduced sales volume. Analysts estimate that the course of the Porsche share should be 85 euros, which is significantly higher than the current status.