Puma Se (OTCMKTS:PUMSY) Receives Consensus Recommendation of “Reduce” from Analysts

Shares of Puma Se (OTCMKTS:PUMSY) have earned a consensus recommendation of “Reduce” from the seven analysts that are covering the company, Marketbeat reports. Two analysts have rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company.

A number of equities research analysts recently commented on the company. Sanford C. Bernstein assumed coverage on Puma in a research note on Thursday, September 11th. They set an “outperform” rating for the company. Deutsche Bank Aktiengesellschaft cut Puma from a “buy” rating to a “hold” rating in a research note on Monday, July 28th. UBS Group raised Puma to a “neutral” rating in a research note on Monday, September 1st. BNP Paribas cut Puma from an “outperform” rating to an “underperform” rating in a research note on Monday, July 28th. Finally, Baader Bank cut Puma from a “buy” rating to a “reduce” rating in a research note on Wednesday, July 30th.

Puma Stock Down 3.2%

Shares of Puma stock opened at $2.41 on Friday. Puma has a 12 month low of $1.94 and a 12 month high of $5.00. The business has a fifty day simple moving average of $2.28 and a 200 day simple moving average of $2.41.

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.