Puma (OTCMKTS:PUMSY) PT Lowered to €115.00

Puma (OTCMKTS:PUMSYGet Rating) had its price target decreased by analysts at JPMorgan Chase & Co. from €120.00 ($131.87) to €115.00 ($126.37) in a research note issued on Monday, The Fly reports.

A number of other research analysts have also commented on the company. Morgan Stanley lowered their price target on Puma from €120.00 ($131.87) to €112.00 ($123.08) and set an “overweight” rating on the stock in a report on Friday, February 25th. Credit Suisse Group decreased their price objective on Puma from €108.00 ($118.68) to €90.00 ($98.90) and set a “neutral” rating on the stock in a report on Friday, February 25th. UBS Group lifted their price objective on Puma from €113.00 ($124.18) to €114.00 ($125.27) in a research report on Thursday, February 24th. Finally, Societe Generale dropped their price objective on Puma from €122.00 ($134.07) to €121.00 ($132.97) in a report on Friday, February 25th. One research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $110.40.

OTCMKTS PUMSY traded up $0.18 on Monday, reaching $8.17. The company had a trading volume of 36,700 shares, compared to its average volume of 9,569. The firm has a 50-day moving average of $9.00 and a 200-day moving average of $10.82. Puma has a 1 year low of $6.78 and a 1 year high of $13.13.

Puma Company Profile (Get Rating)

PUMA SE, together with its subsidiaries, designs, develops, sells, and markets footwear, apparel, and accessories for men, women, and kids in Europe, the Middle East, Africa, the Americas, Greater China, and the Asia Pacific. The company offers performance and sport-inspired lifestyle products in categories, such as football, cricket, handball, rugby, volleyball, running, training and fitness, golf, and motorsports.

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