DZ BANK AG Reaffirms Their Buy Rating on PUMA SE NPV (PMMAF)

In a report released today, Thomas Maul from DZ BANK AG maintained a Buy rating on PUMA SE NPV (PMMAFResearch Report). The company’s shares opened today at $66.88.

According to TipRanks, Maul is ranked #1541 out of 8269 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for PUMA SE NPV with a $85.58 average price target, representing a 27.96% upside. In a report released on January 27, RBC Capital also maintained a Buy rating on the stock with a EUR65.00 price target.

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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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