Puma (OTCMKTS:PUMSY) Upgraded by Benchmark to “Hold” Rating

Benchmark upgraded shares of Puma (OTCMKTS:PUMSY) to a hold rating in a research note issued to investors on Tuesday,Zacks reports.

PUMSY has been the subject of several other reports. HSBC upgraded shares of 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 report on Friday, June 26th. They issued a “neutral” rating for the company. Finally, Citigroup reiterated a “buy” rating on shares of Puma in a research note on Thursday, August 27th. Two research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, Puma has an average rating of “Hold”.

Puma Trading Down 3.9%

Shares of PUMSY stock opened at $2.46 on Tuesday. The company has a fifty day moving average price of $2.90 and a two-hundred day moving average price of $2.90. Puma has a one year low of $1.71 and a one year high of $3.46.

Puma Company Profile

Puma SE is a German sporting-goods company that designs, develops, markets and distributes athletic and lifestyle products under the PUMA brand. Its offerings include performance and casual footwear, apparel and accessories for sports such as football, running, basketball, training and motorsport, as well as products aimed at everyday fashion consumers.

Founded in 1948 by Rudolf Dassler, Puma is headquartered in Herzogenaurach, Germany. The company sells its products internationally through wholesale partners, branded retail stores and e-commerce channels, serving customers across Europe, the Americas, Asia-Pacific and other global markets.

Puma also builds its brand through partnerships with athletes, sports teams, leagues and entertainment figures.