Puma Se (OTCMKTS:PUMSY) Given Average Rating of “Hold” by Brokerages

Puma Se (OTCMKTS:PUMSY) has been given a consensus rating of “Hold” by the nine analysts that are currently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating on the company.

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

Puma Stock Performance

Puma stock opened at $3.23 on Thursday. Puma has a twelve month low of $1.71 and a twelve month high of $3.46. The firm’s 50 day moving average price is $3.14 and its two-hundred day moving average price is $2.82.

About Puma

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.