Jefferies keeps EUR 21.00 target for Puig stock

Published on 10/13/2026 at 14:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half sales rose 2.37 percent to EUR 2.35 billion. Puig stock costs EUR 18.62 on October 13, 2026 at 2:43 p.m. CEST, up 2.14 percent on BME.

Puig, ES0105777017, Illustration mit AI erstellt.

Jefferies reiterated its Buy rating and EUR 21.00 target for Puig on September 22, 2026, according to Democrata. The target lies 12.78 percent above Puig stock's EUR 18.62 price at Lang & Schwarz on October 13, 2026 at 2:43 p.m. CEST, when the stock was up 2.14 percent on BME.

Sales rise as profit declines

Puig reported first-half 2026 sales of EUR 2.35 billion, an increase of 2.37 percent from the first half of 2025. Net attributable profit fell 4.40 percent to EUR 262.80 million, while adjusted net profit rose 5.20 percent to EUR 260.00 million, Expansion reported on October 12, 2026.

The split between reported and adjusted profit matters for valuation. Sales growth remained positive, but the reported earnings decline leaves the October sales update as the next test of operating momentum.

Stock stays below its yearly high

Puig stock was EUR 18.62 at Lang & Schwarz on October 13, 2026 at 2:43 p.m. CEST, compared with the BME prior close of EUR 18.23. The resulting move was plus 2.14 percent, calculated against that BME close.

The current price is EUR 0.27 below the 52-week high of EUR 18.89, a distance of 1.43 percent. The finance quote also puts Puig's market capitalization at EUR 10.5 billion and its price-to-earnings ratio at 17.88 on October 13, 2026.

October date sets the next test

Puig is scheduled to publish its third-quarter sales update on October 21, 2026, while its Capital Markets Day is planned for October 28, 2026, Expansion reported. The dates give investors two near-term checkpoints after the first-half earnings split.

Comparison with peers

Puig (BME, EUR): plus 2.14 percent, price-to-earnings ratio 17.88, market capitalization EUR 10.5 billion

L'Oreal (Euronext Paris, EUR): plus 0.99 percent, price-to-earnings ratio 32.83, market capitalization EUR 206.0 billion

Estée Lauder (NYSE, USD): plus 2.03 percent, price-to-earnings ratio 204.16, market capitalization USD 36.2 billion

Price holds near the annual high

Puig stock was trading at EUR 18.62 at Lang & Schwarz on October 13, 2026 at 2:43 p.m. CEST, up 2.14 percent versus the BME close of EUR 18.23 on October 12, 2026. The further course of trading is shown by the continuously updated real-time quote of Puig stock.