Puma (ETR:PUM) PT Set at €130.00 by Warburg Research

Puma (ETR:PUMGet Rating) has been assigned a €130.00 ($141.30) price objective by investment analysts at Warburg Research in a research report issued on Thursday, Borsen Zeitung reports. Warburg Research’s target price suggests a potential upside of 75.96% from the stock’s previous close.

Several other brokerages have also recently weighed in on PUM. UBS Group set a €109.00 ($118.48) target price on Puma in a report on Tuesday. Baader Bank set a €110.00 ($119.57) target price on Puma in a report on Wednesday, February 23rd. The Goldman Sachs Group set a €120.00 ($130.43) target price on Puma in a report on Monday. Berenberg Bank set a €115.00 ($125.00) target price on Puma in a report on Tuesday, February 1st. Finally, JPMorgan Chase & Co. set a €115.00 ($125.00) target price on Puma in a report on Friday, April 8th. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, Puma presently has an average rating of “Buy” and a consensus target price of €109.56 ($119.09).

PUM opened at €73.88 ($80.30) on Thursday. The stock has a 50-day moving average price of €79.75 and a 200-day moving average price of €94.78. Puma has a 12-month low of €62.38 ($67.80) and a 12-month high of €115.40 ($125.43). The company has a current ratio of 1.61, a quick ratio of 0.81 and a debt-to-equity ratio of 61.59. The stock has a market capitalization of $11.05 billion and a P/E ratio of 35.69.

Puma Company Profile (Get Rating)

PUMA SE, together with its subsidiaries, designs, develops, sells, and markets footwear, apparel, and accessories for men, women, and kids in Europe, the Middle East, Africa, the Americas, Greater China, 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.

Further Reading

Analyst Recommendations for Puma (ETR:PUM)

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