Puma (OTCMKTS:PUMSY) Raised to “Hold” at Zacks Research

Puma (OTCMKTS:PUMSY) was upgraded by analysts at Zacks Research to a “hold” rating in a research report issued on Tuesday,Zacks.com reports.

Separately, Citigroup upgraded Puma from a “neutral” rating to a “buy” rating in a research note on Thursday, June 4th. Two analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold”.

Puma Stock Down 0.7%

Shares of PUMSY stock opened at $3.04 on Tuesday. Puma has a one year low of $1.71 and a one year high of $3.46. The stock has a fifty day moving average price of $2.94 and a 200 day moving average price of $2.65.

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.