Puma Se (OTCMKTS:PUMSY) Receives Average Recommendation of “Hold” from Analysts

Shares of Puma Se (OTCMKTS:PUMSY) have been given an average rating of “Hold” by the nine brokerages that are presently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company.

PUMSY has been the subject of several recent research reports. Zacks Research raised Puma to a “hold” rating in a report on Tuesday, June 9th. Santander assumed coverage on Puma in a research report on Friday, June 26th. They set a “neutral” rating for the company. Citigroup upgraded shares of Puma from a “neutral” rating to a “buy” rating in a research report on Thursday, June 4th. Finally, HSBC upgraded shares of Puma to a “buy” rating in a research report on Tuesday, June 16th.

Puma Price Performance

Shares of OTCMKTS PUMSY opened at $3.02 on Friday. Puma has a fifty-two week low of $1.71 and a fifty-two week high of $3.46. The firm’s 50-day simple moving average is $3.05 and its 200 day simple moving average is $2.75.

Puma Company Profile

Puma SE (OTCMKTS:PUMSY) is a German multinational company that designs, develops, markets and sells athletic and casual footwear, apparel and accessories. Founded in 1948 by Rudolf Dassler in Herzogenaurach, Germany, Puma has grown into one of the world’s leading sportswear brands. The company’s product portfolio spans performance-driven footwear for running, football and training, as well as sport-inspired lifestyle shoes and apparel. Complementary offerings include teamwear, bags, socks, headwear and various sports equipment.

Puma distributes its products through a diversified network of retail channels, including direct-to-consumer stores, e-commerce platforms, wholesale partners and licensed distributors.