Puma Se (OTCMKTS:PUMSY) Given Average Recommendation of “Hold” by Brokerages

Shares of Puma Se (OTCMKTS:PUMSY) have received a consensus recommendation of “Hold” from the seven research firms that are presently covering the company, Marketbeat reports. Four research analysts have rated the stock with a hold rating and three have issued a buy rating on the company.

A number of equities research analysts recently commented on PUMSY shares. Santander initiated coverage on shares of Puma in a report on Friday, June 26th. They set a “neutral” rating for the company. Zacks Research raised shares of Puma to a “hold” rating in a report on Tuesday, June 9th. HSBC upgraded shares of Puma to a “buy” rating in a research report on Tuesday, June 16th. Finally, Citigroup raised shares of Puma from a “neutral” rating to a “buy” rating in a research note on Thursday, June 4th.

Puma Price Performance

OTCMKTS:PUMSY opened at $2.97 on Monday. Puma has a fifty-two week low of $1.71 and a fifty-two week high of $3.46. The business has a 50 day moving average price of $3.12 and a 200-day moving average price 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.