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

Puma Se (OTCMKTS:PUMSY) has been given a consensus recommendation of “Hold” by the seven brokerages that are presently covering the firm, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company.

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

Puma Stock Performance

Shares of OTCMKTS PUMSY opened at $2.97 on Monday. Puma has a twelve month low of $1.71 and a twelve month high of $3.46. The company has a 50 day moving average of $3.12 and a 200 day moving average of $2.89.

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.