Analyst Cedric Lecasble from Stifel Nicolaus maintained a Buy rating on PUMA SE NPV (PMMAF – Research Report) and keeping the price target at €43.00.
Cedric Lecasble has given his Buy rating due to a combination of factors that suggest potential upside for PUMA SE NPV’s stock. Despite recent challenges, including a surprising and negative report that caused shares to drop significantly, the stock still shows a substantial upside to the price target of 51.4%. This indicates that the current market price may not fully reflect the company’s potential value.
Cedric Lecasble’s analysis acknowledges the difficulties faced by PUMA, such as the revised 2025 outlook and structural cost issues. However, the analyst sees potential in the company’s brand desirability and untapped margin potential, which could lead to future growth. The restructuring plan and cost savings initiatives, although partially addressing the issues, are steps towards improving profitability. These factors contribute to the Buy rating, as they suggest that the company may overcome its current challenges and achieve better financial performance in the future.
According to TipRanks, Lecasble is ranked #8840 out of 9347 analysts.
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