Latest news with #PorscheAutomobilHolding
Business Insider
3 days ago
- Automotive
- Business Insider
Kepler Capital Remains a Hold on Porsche Automobil Holding (0JHU)
Kepler Capital analyst Michael Raab maintained a Hold rating on Porsche Automobil Holding on August 13 and set a price target of €39.00. The company's shares closed last Friday at €68.26. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Raab covers the Industrials sector, focusing on stocks such as Rheinmetall, Daimler Truck Holding AG, and Schaeffler. According to TipRanks, Raab has an average return of 13.5% and a 58.00% success rate on recommended stocks. In addition to Kepler Capital , Porsche Automobil Holding also received a Hold from DZ BANK AG's Michael Punzet in a report issued yesterday. However, on August 13, Deutsche Bank maintained a Buy rating on Porsche Automobil Holding (LSE: 0JHU).
Bloomberg
22-05-2025
- Business
- Bloomberg
Porsche Is Taking Bids for €750 Million Schuldschein Debt Sale
Porsche Automobil Holding SE has begun the sale of a Schuldschein transaction of at least €750 million, the largest-ever marketed deal in this niche German debt market. Order books for the three-part sale are set to close on June 25, according to people familiar with the matter. The transaction is split across three-year, five-year and seven-year tranches of fixed and floating rate coupons, they said.
Yahoo
16-04-2025
- Politics
- Yahoo
Protests against private Porsche tunnel in Salzburg
Plans to build a private tunnel to Wolfgang Porsche's villa in the heart of Salzburg have sparked protests in the Austrian city. The 81-year-old chairman of the supervisory board of Porsche Automobil Holding owns a property on the Kapuzinerberg, a historic hill where Wolfgang Amadeus Mozart's sister, Nannerl, once gave piano lessons. Around a century ago, author Stefan Zweig also lived there. The current above-ground access road is narrow and considered impractical. Under the proposed plan, a 500-metre-long tunnel, complete with an underground garage, would be built beneath the mountain to provide improved access to Porsche's villa. On Wednesday, activists unfurled a banner on the Kapuzinerberg reading, 'And Porsche said, 'Let there be a hole.'' The local authority says Porsche paid €40,000 ($45,500) to build the tunnel on public property — a sum deemed appropriate by a city-commissioned expert report. But opponents argue the fee is far too low given Porsche's wealth. Among the critics is activist Tobi Rosswog, who this week organized the Salzburg Porsche Tunnel Festival, distributing flyers and hosting a public discussion. Police say turnout at the protests has so far been small. Wolfgang Porsche declined to comment when contacted by dpa. Political opposition to the tunnel includes the Green Party and the Communist Party. 'We reject special treatment for the super-rich,' said Green Party member Ingeborg Haller. The Salzburg municipal council is expected to vote in mid-May on whether to amend the city's land-use plan to allow the tunnel project to proceed. A small protest is also planned for Thursday in the German city of Stuttgart in solidarity with the Salzburg demonstrations.
