Puma Se (OTCMKTS:PUMSY) Receives $111.17 Consensus Price Target from Brokerages

Shares of Puma Se (OTCMKTS:PUMSYGet Rating) have been assigned an average rating of “Buy” from the nine ratings firms that are currently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $111.17.

A number of research analysts have issued reports on the stock. Credit Suisse Group cut their target price on shares of 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. Morgan Stanley lowered their price target on Puma from €120.00 ($130.43) to €112.00 ($121.74) and set an “overweight” rating for the company in a research note on Friday, February 25th. Deutsche Bank Aktiengesellschaft lowered their target price on Puma from €123.00 ($133.70) to €120.00 ($130.43) and set a “buy” rating for the company in a research note on Monday, April 11th. UBS Group lowered their target price on Puma from €114.00 ($123.91) to €109.00 ($118.48) in a research note on Wednesday, April 13th. Finally, JPMorgan Chase & Co. reduced their price target on Puma from €120.00 ($130.43) to €115.00 ($125.00) in a research report on Monday, April 11th.

Shares of OTCMKTS:PUMSY opened at $8.15 on Friday. The company’s fifty day moving average is $8.73 and its 200-day moving average is $10.70. Puma has a 52 week low of $6.78 and a 52 week high of $13.13.

About Puma (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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Analyst Recommendations for Puma (OTCMKTS:PUMSY)

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