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

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

PUMSY has been the topic of a number of recent research reports. HSBC upgraded shares of Puma to a “buy” rating in a research note on Tuesday, June 16th. Santander assumed coverage on Puma in a research report on Friday, June 26th. They set a “neutral” rating on the stock. Citigroup raised Puma from a “neutral” rating to a “buy” rating in a report on Thursday, June 4th. Finally, Zacks Research upgraded Puma to a “hold” rating in a research report on Tuesday, June 9th.

Puma Stock Performance

Shares of OTCMKTS:PUMSY opened at $2.86 on Monday. The company has a 50-day moving average price of $3.10 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.