Puma Se (OTCMKTS:PUMSY) Receives Average Recommendation of “Hold” from Analysts

Puma Se (OTCMKTS:PUMSY) has been assigned an average recommendation of “Hold” from the nine research firms that are presently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, five have given a hold recommendation and three have assigned a buy recommendation to the company.

PUMSY has been the subject of several analyst reports. Zacks Research raised shares of Puma to a “hold” rating in a research note on Tuesday, June 9th. HSBC raised shares of Puma to a “buy” rating in a research report on Tuesday, June 16th. Santander initiated coverage on shares of Puma in a research note on Friday, June 26th. They issued a “neutral” rating for the company. Finally, Citigroup raised shares of Puma from a “neutral” rating to a “buy” rating in a research report on Thursday, June 4th.

Puma Price Performance

OTCMKTS:PUMSY opened at $3.02 on Friday. Puma has a twelve month low of $1.71 and a twelve month high of $3.46. The stock’s 50 day moving average price is $3.06 and its two-hundred day moving average price is $2.76.

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.