Puig Brands lowers at the end of this Friday 7% in IBEX 35 until it marks 16.28 euros. Not only is the most penalized value of the index, but with today’s fall A new minimum in its short story in the stock market.
Until now, the lowest point was at the 17.04 euros that came to play on January 14.
The company made the leap to the parquet on May 3 of last year to a price of 24.50 euros And just a few months later, on July 22, he entered the IBEX 35. Just under a month and a half of completing his first year in the parquet, his highest point touched on June 13, when he came to quote 27,78 euros. Using that reference level, your current quotation is found 41.4% below its maximums.
With the falls today, the value PERFORM THE SUPPORT OF THE 16,892 EUROSas well as the one in the long term in the aforementioned 17.04 euros of its previous minimum. Medium -term resistance is set at 18.7 euros and long term in 19.27 euros.
From the fundamental point of view, analysts maintain faith in the company behind Carolina Herrera’s perfumes. According to data collected by Reuters, analysts who cover Puig mostly give a recommendation to ‘comprar‘, with an average target price of 25.59 euros per share. This assessment is a Alcista potential of 57.18% compared to current levels.
Last February, Puig announced that it generated a record of net sales of 4,790 million in 2024. This represented a solid growth of 11.3% in reported terms and 10.9% LFL compared to 2023, (growth at perimeter already constant exchange rate) far ahead of the premium beauty market.