Puma Stock: Baader Bank Slashes Price Target

Puma shares faced a significant setback as Baader Bank downgraded its rating from "Buy" to "Add" while dramatically reducing the price target from €40 to €25. The sportswear manufacturer's disappointing outlook for the current fiscal year, particularly projecting weak results for Q1 2025, caught financial experts off guard. Analysts have subsequently revised their revenue and profit forecasts downward for both the current and upcoming year, positioning their estimates below market consensus. Of particular concern is the assessment that Puma may fail to achieve its medium-term margin targets. Despite these negative developments, the stock showed signs of recovery during Friday's XETRA trading session, gaining 2.2 percent to reach €22.61, after opening at €21.85 and touching an intraday high of €22.99.

Significant Distance from 52-Week High

The stock has experienced considerable devaluation in the year to date, currently trading approximately 57.5 percent below its 52-week high of €53.20 reached on May 11, 2024. The shares recently hit a 52-week low of €21.25 on March 12, 2025, with the current price sitting about 6 percent above this trough. Analysts project a dividend of €0.751 per share for the current year, representing a decrease from the previous year's €0.820. Despite recent challenges, the average analyst price target remains at €35.95, suggesting substantial upside potential from current levels.

Ad

Fresh Puma information released. What's the impact for investors? Our latest independent report examines recent figures and market trends.

Source StockWorld