Puma (OTCMKTS:PUMSY) Upgraded to Hold at Benchmark

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

Several other analysts have also recently weighed in on the stock. Santander assumed coverage on shares of Puma in a research note on Friday, June 26th. They issued a “neutral” rating on the stock. Zacks Research raised Puma to a “hold” rating in a research report on Tuesday, June 9th. Citigroup reaffirmed a “buy” rating on shares of Puma in a report on Thursday, August 27th. Finally, HSBC upgraded Puma to a “buy” rating in a research report on Tuesday, June 16th. Two equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, Puma currently has an average rating of “Hold”.

Puma Stock Performance

Shares of OTCMKTS PUMSY opened at $2.46 on Tuesday. Puma has a 52-week low of $1.71 and a 52-week high of $3.46. The firm has a 50 day moving average price of $2.90 and a two-hundred day moving average price of $2.90.

About Puma

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.