Puma SE
PUM: XETR (DEU)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
€42.50 | Fkzr | Zxthqdtw |
Puma: Initiating Coverage With a EUR 49 Fair Value Estimate and No-Moat Rating; Shares Fairly Valued
We are initiating coverage on sportswear firm Puma with a no-moat rating and a fair value estimate of EUR 49 per share, leaving shares valued fairly. Our Morningstar Uncertainty Rating is High, and our capital allocation rating is Standard.