Renta 4 raises target for Puig stock to EUR 22.60

Published on 10/20/2026 at 10:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Puig's first-half adjusted net profit rose 5.20 percent to EUR 260.30 million. Puig stock costs EUR 19.39 on October 20, 2026, 1.22 percent below its 52-week high.

Renta 4 target and reporting dates

Renta 4 raised its Puig target to EUR 22.60 on October 19, 2026.
Puig reported EUR 2,353.70 million in revenue for the first half of 2026.
Puig stock trades at EUR 19.39 at 10:39 a.m. CEST at Lang & Schwarz on October 20, 2026.
Puig is scheduled to publish third-quarter sales on October 21, 2026.

Puig, ES0105777017, Illustration mit AI erstellt.

Puig (ISIN ES0105777017) was trading at EUR 19.39 at Lang & Schwarz on October 20, 2026 at 10:39 a.m. CEST, while Renta 4 raised its target from EUR 20.80 to EUR 22.60 on October 19, 2026, according to Bolsamania. The revision puts the target 16.56 percent above the Lang & Schwarz price.

Three dated catalysts and figures

Puig's recent chronology links portfolio investment, operating results and valuation. On April 30, 2026, the company increased its ownership of Charlotte Tilbury by 6.50 percent for EUR 260.00 million. On July 30, 2026, Puig reported first-half revenue of EUR 2,353.70 million, up 2.40 percent year over year, in its results released through CNMV. On October 19, 2026, Renta 4 raised its target to EUR 22.60.

What does the target imply?

The target revision comes ahead of Puig's third-quarter sales update. Economia 3 reported that JP Morgan lifted its comparable third-quarter sales-growth estimate from 3.30 percent to 5.10 percent while keeping a neutral rating and a EUR 16.00 target. That is a counterweight to Renta 4's EUR 22.60 valuation. Puig's first-half adjusted net profit reached EUR 260.30 million, up 5.20 percent year over year, while adjusted EBITDA rose 3.20 percent to EUR 459.60 million, according to the company results.

Two dates shape the next test

Puig is scheduled to publish third-quarter sales on October 21, 2026, after the market close, and to hold its Capital Markets Day on October 28, 2026, according to Economia 3. The results will provide the next quantified check on the 5.10 percent sales-growth expectation, while the later event is scheduled to address Puig's growth strategy.

Stock near its yearly high

At EUR 19.39, Puig stock sat 1.22 percent below its EUR 19.63 52-week high on October 20, 2026. The market capitalization was EUR 10.9 billion on the same date, and the company trades on BME under ticker PUIG.MC.

The further course of trading is shown by the continuously updated real-time quote of Puig stock.