Deutsche Bank Reaffirms Their Hold Rating on PUMA SE NPV (PMMAF)

In a report released today, Adam Cochrane from Deutsche Bank maintained a Hold rating on PUMA SE NPV, with a price target of €20.00. The company’s shares closed last Tuesday at $25.03.

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Cochrane covers the Consumer Cyclical sector, focusing on stocks such as PUMA SE NPV, adidas AG, and H&M Hennes & Mauritz AB Class B. According to TipRanks, Cochrane has an average return of -5.3% and a 36.25% success rate on recommended stocks.

The word on The Street in general, suggests a Hold analyst consensus rating for PUMA SE NPV with a $27.66 average price target, implying a 10.53% upside from current levels. In a report released today, Barclays also maintained a Hold rating on the stock with a €19.00 price target.

Based on PUMA SE NPV’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $2.08 billion and a net profit of $500 thousand. In comparison, last year the company earned a revenue of $2.1 billion and had a net profit of $87.3 million

Based on the recent corporate insider activity of 8 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of PMMAF in relation to earlier this year.