Porsche breaks off talks with Red Bull over possible entry into Formula 1

Porsche breaks off talks with Red Bull over possible entry into Formula 1








Porsche said on Friday that it and Red Bull were finalizing talks about Porsche’s possible entry into Formula 1.

“The two companies have now come to the conclusion that these discussions will no longer be pursued,” Porsche AG said in a statement.

Marketzone and Reuters 2022

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VOLKSWAGEN AG Analyst Recommendations

2022 sales 275 billion
276 billion
2022 general results 17,361M
17,431M
tro. net 2022 32,006 m
32,135 m
FOR THE YEAR 2022 4.25x
2022 return 6.15%
Capital 84,870M
85,211M
VE / CA 2022 0.19x
VE / CA 2023 0.16x
Number of employees 641,900
It floats 56.8%

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Volkswagen AG : Chart Volkswagen AG Technical Analysis |  Market area

Technical analysis trends VOLKSWAGEN AG

Short time Intermediate time Long time
Styles Not on either side Not on either side Bearish

Income Statement Reform

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Buy it

Moderate recommendation GROW YOURSELF
Number of Analysts 20
Last Closing Price €146.98
Average price target €208.04
Deviation / Mean Target 41.5%

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