Porsche SE Offers VW and Porsche AG Exposure at a Discount -- Market Talk

Dow Jones06-08 20:43

1243 GMT - Porsche SE offers a basket of Volkswagen and Porsche AG at an attractive discount, with an attractive yield and dividend upside, Bank of American Securities writes. Porsche SE shares are down 23% year-to-date, reflecting the decline in its core Volkswagen holding, in which it owns a 53.1% stake. The bank says Porsche SE is the cheapest auto stock in Europe, and its view on Volkswagen remains positive. In addition, the bank expects the Porsche SE to continue paying a decent dividend despite expecting around 200 million euros a year of debt reduction. "We think the dividend could have upside if VW sells assets and realizes book gains." BofA lowers its price objective on the stock to 38 euros from 45 euros and keeps buy rating. Shares rise 1.3% to 30.97 euros. (dominic.chopping@wsj.com)

(END) Dow Jones Newswires

June 08, 2026 08:43 ET (12:43 GMT)

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In addition, the bank expects the Porsche SE to continue paying a decent dividend despite expecting around 200 million euros a year of debt reduction. \"We think the dividend could have upside if VW sells assets and realizes book gains.\" BofA lowers its price objective on the stock to 38 euros from 45 euros and keeps buy rating. Shares rise 1.3% to 30.97 euros. (dominic.chopping@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 08, 2026 08:43 ET (12:43 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Porsche SE Offers VW and Porsche AG Exposure at a Discount -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPorsche SE Offers VW and Porsche AG Exposure at a Discount -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-06-08 20:43</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1243 GMT - Porsche SE offers a basket of Volkswagen and Porsche AG at an attractive discount, with an attractive yield and dividend upside, Bank of American Securities writes. Porsche SE shares are down 23% year-to-date, reflecting the decline in its core Volkswagen holding, in which it owns a 53.1% stake. The bank says Porsche SE is the cheapest auto stock in Europe, and its view on Volkswagen remains positive. In addition, the bank expects the Porsche SE to continue paying a decent dividend despite expecting around 200 million euros a year of debt reduction. \"We think the dividend could have upside if VW sells assets and realizes book gains.\" BofA lowers its price objective on the stock to 38 euros from 45 euros and keeps buy rating. Shares rise 1.3% to 30.97 euros. (dominic.chopping@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 08, 2026 08:43 ET (12:43 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0264606111.USD","symbol_name":"Janus Henderson Horizon Asian Dividend Income A2 USD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2641101484","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2641101484","pubTimestamp":1780922580,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1243 GMT - Porsche SE offers a basket of Volkswagen and Porsche AG at an attractive discount, with an attractive yield and dividend upside, Bank of American Securities writes. 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Porsche SE shares are down 23% year-to-date, reflecting the decline in its core Volkswagen holding, in which it owns a 53.1% stake. The bank says Porsche SE is the cheapest auto stock in Europe, and its view on Volkswagen remains positive. In addition, the bank expects the Porsche SE to continue paying a decent dividend despite expecting around 200 million euros a year of debt reduction. \"We think the dividend could have upside if VW sells assets and realizes book gains.\" BofA lowers its price objective on the stock to 38 euros from 45 euros and keeps buy rating. Shares rise 1.3% to 30.97 euros. 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