Puma Se (OTCMKTS:PUMSY) Given Average Recommendation of “Hold” by Analysts

Puma Se (OTCMKTS:PUMSY) has received a consensus recommendation of “Hold” from the nine brokerages that are presently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company.

Several equities analysts have commented on the stock. HSBC upgraded shares of Puma to a “buy” rating in a research report on Tuesday, June 16th. Santander initiated coverage on shares of Puma in a research report on Friday, June 26th. They set a “neutral” rating on the stock. Zacks Research upgraded shares of Puma to a “hold” rating in a research report on Tuesday, June 9th. Finally, Citigroup raised shares of Puma from a “neutral” rating to a “buy” rating in a report on Thursday, June 4th.

Puma Price Performance

OTCMKTS PUMSY opened at $3.14 on Thursday. The firm has a 50-day moving average price of $3.14 and a two-hundred day moving average price of $2.82. Puma has a 12-month low of $1.71 and a 12-month high of $3.46.

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.