Other equities research analysts have also issued research reports about the company. Credit Suisse Group dropped their target price on Puma from €108.00 ($117.39) to €90.00 ($97.83) and set a “neutral” rating on the stock in a research report on Friday, February 25th. Societe Generale cut their price objective on shares of Puma from €122.00 ($132.61) to €121.00 ($131.52) in a research note on Friday, February 25th. Morgan Stanley reduced their target price on shares of Puma from €120.00 ($130.43) to €112.00 ($121.74) and set an “overweight” rating for the company in a report on Friday, February 25th. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Puma from €123.00 ($133.70) to €120.00 ($130.43) and set a “buy” rating on the stock in a report on Monday. Finally, JPMorgan Chase & Co. decreased their price objective on Puma from €120.00 ($130.43) to €115.00 ($125.00) in a report on Monday. One analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $111.17.
Puma stock traded up $0.10 during trading hours on Wednesday, hitting $8.00. 5,795 shares of the stock traded hands, compared to its average volume of 9,434. The firm’s 50 day moving average price is $8.88 and its 200-day moving average price is $10.76. Puma has a 1 year low of $6.78 and a 1 year high of $13.13.
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.
- Get a free copy of the StockNews.com research report on Puma (PUMSY)
- OrganiGram’s Turnaround Begins To Blossom
- Three Dividend Stocks With Growth Potential
- Exelon Stock Still Has Extraordinary Upside
- Insiders Are Selling Palo Alto Networks
- Greenbrier Companies Stock has Green in its Future
Receive News & Ratings for Puma Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Puma and related companies with MarketBeat.com's FREE daily email newsletter.