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

Puma Se (OTCMKTS:PUMSY) has been assigned an average recommendation of “Hold” from the five analysts that are covering the stock, MarketBeat reports. Three research analysts have rated the stock with a hold rating and two have issued a buy rating on the company.

PUMSY has been the topic of several research reports. Santander initiated coverage on shares of Puma in a research report on Friday, June 26th. They issued a “neutral” rating on the stock. HSBC upgraded Puma to a “buy” rating in a research report on Tuesday, June 16th. Citigroup reiterated a “buy” rating on shares of Puma in a report on Thursday, August 27th. Finally, Zacks Research raised Puma to a “hold” rating in a research report on Tuesday, June 9th.

Puma Stock Performance

OTCMKTS:PUMSY opened at $2.55 on Friday. The firm has a 50-day moving average price of $3.02 and a two-hundred day moving average price of $2.90. Puma has a twelve month low of $1.71 and a twelve 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.