BNP Exane gives Puig Brands potential upside of 22% to €18 per share

puig preciosa

Singular Bank | The IBEX 35 closed yesterday at a new high above 17,650 points. The day was marked by the rise of Puig Brands, which rose 5.7% after BNP Exane gave it a potential upside of 22% to €18 per share.

In addition, the research firm has decided to upgrade its recommendation on the stock to “overweight” from the previous “neutral”.

Also this week, Jefferies analysts maintained their “buy” recommendation on Puig Brands, with an adjusted target price of €20.60.

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