Puma Se (OTCMKTS:PUMSY) Receives Average Rating of “Hold” from Brokerages

Shares of Puma Se (OTCMKTS:PUMSY) have received a consensus recommendation of “Hold” from the seven research firms that are currently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, five have given a hold recommendation and one has given a buy recommendation to the company.

Several research analysts have recently weighed in on the company. BNP Paribas upgraded Puma from an “underperform” rating to a “neutral” rating in a report on Tuesday, September 30th. UBS Group upgraded Puma to a “neutral” rating in a research report on Monday, September 1st. Citigroup restated a “neutral” rating on shares of Puma in a report on Thursday. Finally, Sanford C. Bernstein started coverage on Puma in a research note on Thursday, September 11th. They issued an “outperform” rating for the company.

Puma Stock Up 2.9%

Shares of OTCMKTS PUMSY opened at $2.49 on Wednesday. Puma has a 12-month low of $1.71 and a 12-month high of $4.99. The company has a 50-day moving average of $2.18 and a 200 day moving average of $2.32.

About Puma

PUMA SE, together with its subsidiaries, engages in the development and sale of athletic footwear, apparel, and accessories in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company provides sports lifestyle products for football, handball, rugby, cricket, volleyball, track and field, motorsports, golf, and basketball.