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 five ratings firms that are covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company.

A number of equities analysts have recently weighed in on the stock. Citigroup reissued a “buy” rating on shares of Puma in a research report on Thursday, August 27th. Santander began coverage on Puma in a research note on Friday, June 26th. They set a “neutral” rating on the stock. Zacks Research upgraded Puma to a “hold” rating in a report on Tuesday, June 9th. Finally, HSBC raised Puma to a “buy” rating in a research report on Tuesday, June 16th.

Puma Stock Down 2.6%

Shares of OTCMKTS:PUMSY opened at $2.46 on Friday. Puma has a 52 week low of $1.71 and a 52 week high of $3.46. The company has a 50 day moving average price of $2.95 and a two-hundred day moving average price of $2.90.

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.