Puma (OTCMKTS:PUMSY) Raised to Hold at Benchmark

Puma (OTCMKTS:PUMSY) was upgraded by Benchmark to a “hold” rating in a research report issued to clients and investors on Tuesday, Zacks reports.

Several other research analysts have also issued reports on the company. Zacks Research upgraded Puma to a “hold” rating in a report on Tuesday, June 9th. Citigroup restated a “buy” rating on shares of Puma in a report on Thursday, August 27th. HSBC raised Puma to a “buy” rating in a research report on Tuesday, June 16th. Finally, Santander began coverage on Puma in a report on Friday, June 26th. They issued a “neutral” rating on the stock. Two investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold”.

Puma Stock Performance

Shares of PUMSY opened at $2.46 on Tuesday. Puma has a one year low of $1.71 and a one year high of $3.46. The stock has a 50-day moving average of $2.90 and a 200-day moving average of $2.90.

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.