Baader Bank Remains a Buy on PUMA SE NPV (PMMAF)

In a report released yesterday, Volker Bosse from Baader Bank maintained a Buy rating on PUMA SE NPV (PMMAFResearch Report), with a price target of EUR70.00. The company’s shares closed yesterday at $67.65.

According to TipRanks, Bosse is ranked #7973 out of 8263 analysts.

PUMA SE NPV has an analyst consensus of Strong Buy, with a price target consensus of $85.45.

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Based on PUMA SE NPV’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $2.35 billion and a net profit of $146.4 million. In comparison, last year the company earned a revenue of $1.9 billion and had a net profit of $143.8 million

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Puma SE engages in the development and sale of sports and sports lifestyle products which includes footwear, apparel and accessories. Its brands include puma and cobra golf. The company was founded by Rudolf Dassler on October 1, 1948 and is headquartered in Herzogenaurach, Germany.

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