The Goldman Sachs Group Analysts Give Puma (ETR:PUM) a €120.00 Price Target

Puma (ETR:PUMGet Rating) has been assigned a €120.00 ($131.87) target price by stock analysts at The Goldman Sachs Group in a report issued on Monday, Borsen Zeitung reports. The Goldman Sachs Group’s target price would suggest a potential upside of 59.07% from the company’s previous close.

Several other research analysts also recently issued reports on PUM. Credit Suisse Group set a €90.00 ($98.90) price target on Puma in a research note on Monday. JPMorgan Chase & Co. set a €115.00 ($126.37) target price on shares of Puma in a research note on Friday. UBS Group set a €113.00 ($124.18) target price on shares of Puma in a research note on Wednesday, February 23rd. Jefferies Financial Group set a €95.00 ($104.40) target price on shares of Puma in a research note on Friday. Finally, Baader Bank set a €110.00 ($120.88) target price on shares of Puma in a research note on Wednesday, February 23rd. Three research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, Puma presently has an average rating of “Buy” and an average target price of €109.79 ($120.65).

Shares of ETR:PUM traded up €2.14 ($2.35) during midday trading on Monday, hitting €75.44 ($82.90). 470,264 shares of the stock were exchanged, compared to its average volume of 18,248. The stock has a market cap of $11.29 billion and a P/E ratio of 36.44. The company has a current ratio of 1.61, a quick ratio of 0.81 and a debt-to-equity ratio of 61.59. Puma has a twelve month low of €62.38 ($68.55) and a twelve month high of €115.40 ($126.81). The company has a 50 day moving average price of €81.00 and a 200-day moving average price of €95.34.

Puma Company Profile (Get Rating)

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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