Puma (ETR:PUM) PT Set at €104.00 by The Goldman Sachs Group


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Puma (ETR:PUM) has been given a €104.00 ($122.35) price target by The Goldman Sachs Group in a research report issued to clients and investors on Thursday, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock. The Goldman Sachs Group’s target price would suggest a potential upside of 20.29% from the company’s previous close.

A number of other analysts have also recently commented on PUM. Warburg Research set a €117.00 ($137.65) price target on shares of Puma and gave the company a “buy” rating in a research note on Tuesday, March 2nd. Nord/LB set a €69.00 ($81.18) target price on Puma and gave the stock a “sell” rating in a research report on Tuesday, January 5th. Baader Bank set a €80.00 ($94.12) price target on Puma and gave the stock a “sell” rating in a report on Wednesday, February 24th. Deutsche Bank Aktiengesellschaft set a €70.00 ($82.35) price objective on Puma and gave the company a “neutral” rating in a research note on Thursday, February 25th. Finally, JPMorgan Chase & Co. set a €95.00 ($111.76) target price on Puma and gave the stock a “buy” rating in a research note on Wednesday, February 24th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and seven have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of €89.17 ($104.91).

ETR PUM traded down €0.32 ($0.38) during trading on Thursday, hitting €86.46 ($101.72). 141,243 shares of the company’s stock traded hands, compared to its average volume of 18,248. The company has a debt-to-equity ratio of 67.92, a quick ratio of 0.75 and a current ratio of 1.40. The stock has a market capitalization of $12.93 billion and a price-to-earnings ratio of 163.75. Puma has a 12-month low of €47.69 ($56.11) and a 12-month high of €93.44 ($109.93). The business has a 50 day moving average of €86.16 and a 200-day moving average of €84.10.

About Puma

PUMA SE, together with its subsidiaries, designs, develops, sells, and markets footwear, apparel, and accessories in Europe, the Middle East, Africa, the Americas and, the Asia Pacific. The company offers performance and sport-inspired lifestyle products in categories, such as football, cricket, handball, rugby, volleyball, running, training and fitness, golf, and motorsports.

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Analyst Recommendations for Puma (ETR:PUM)

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