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UBS Remains a Hold on PUMA SE NPV (PMMAF)

UBS analyst Zuzanna Pusz maintained a Hold rating on PUMA SE NPV (PMMAFResearch Report) today and set a price target of €44.00. The company’s shares closed last Friday at $44.79.

According to TipRanks, Pusz is a 5-star analyst with an average return of 8.6% and a 60.43% success rate. Pusz covers the Consumer Cyclical sector, focusing on stocks such as PUMA SE NPV, Hermes International, and The Swatch Group.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for PUMA SE NPV with a $54.35 average price target, a 21.35% upside from current levels. In a report released on April 19, Barclays also maintained a Hold rating on the stock with a €43.00 price target.

Based on PUMA SE NPV’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $2.2 billion and a net profit of $1.4 million. In comparison, last year the company earned a revenue of $1.77 billion and had a net profit of $7.9 million

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PUMA SE NPV (PMMAF) Company Description:

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.