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

Shares of Puma Se (OTCMKTS:PUMSY) have been assigned a consensus recommendation of “Hold” from the five analysts that are presently covering the company, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company.

Several brokerages have weighed in on PUMSY. Citigroup reiterated a “buy” rating on shares of Puma in a report on Thursday, August 27th. HSBC upgraded Puma to a “buy” rating in a report on Tuesday, June 16th. Santander began coverage on Puma in a research note on Friday, June 26th. They issued a “neutral” rating for the company. Finally, Zacks Research upgraded Puma to a “hold” rating in a research report on Tuesday, June 9th.

Puma Price Performance

Shares of PUMSY opened at $2.55 on Friday. Puma has a 1 year low of $1.71 and a 1 year high of $3.46. The company’s 50 day simple moving average is $3.02 and its 200 day simple moving average is $2.90.

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.