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

Puma Se (OTCMKTS:PUMSY) has received a consensus recommendation of “Hold” from the nine brokerages that are covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company.

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

Puma Stock Performance

Shares of OTCMKTS PUMSY opened at $3.01 on Friday. Puma has a 12-month low of $1.71 and a 12-month high of $3.46. The firm has a 50 day moving average of $3.05 and a 200 day moving average of $2.73.

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.