PUMA SE/ADR (OTCMKTS:PUMSY) Upgraded to Buy at Pareto Securities
Pareto Securities upgraded shares of PUMA SE/ADR (OTCMKTS:PUMSY) from a hold rating to a buy rating in a research note published on Wednesday morning, The Fly reports.
Other equities research analysts also recently issued reports about the company. Goldman Sachs Group reiterated a buy rating on shares of PUMA SE/ADR in a report on Monday, October 12th. Credit Suisse Group reaffirmed a neutral rating on shares of PUMA SE/ADR in a research report on Monday, October 12th. Deutsche Bank Aktiengesellschaft reaffirmed a hold rating on shares of PUMA SE/ADR in a research report on Thursday, July 30th. Wedbush raised PUMA SE/ADR from a neutral rating to an outperform rating in a research report on Wednesday, July 1st. Finally, Berenberg Bank reaffirmed a buy rating on shares of PUMA SE/ADR in a research report on Friday, July 31st. Two equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. PUMA SE/ADR currently has a consensus rating of Buy.
PUMSY opened at $9.40 on Wednesday. The stock has a 50-day moving average price of $8.79 and a 200-day moving average price of $7.56. PUMA SE/ADR has a 1 year low of $4.17 and a 1 year high of $9.74.
PUMA SE, together with its subsidiaries, designs, develops, sells, and markets footwear, apparel, and accessories. The company offers performance and sport-inspired lifestyle products in categories, such as football, cricket, running, training and fitness, golf, and motorsports. It also issues licenses to independent partners to design, develop, manufacture, and sell fragrances, eyewear, and watches.
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