Jefferies Financial Group Initiates Coverage on PUMA SE/ADR (OTCMKTS:PUMSY)

Research analysts at Jefferies Financial Group started coverage on shares of PUMA SE/ADR (OTCMKTS:PUMSY) in a note issued to investors on Monday, The Fly reports. The firm set a “buy” rating on the stock.

A number of other research analysts have also recently commented on the stock. Credit Suisse Group upgraded shares of PUMA SE/ADR from an “underperform” rating to a “neutral” rating in a report on Monday, August 5th. Societe Generale lowered shares of PUMA SE/ADR from a “buy” rating to a “hold” rating in a report on Friday, October 25th.

OTCMKTS:PUMSY opened at $7.53 on Monday. PUMA SE/ADR has a twelve month low of $5.29 and a twelve month high of $9.58. The stock has a fifty day simple moving average of $7.55 and a 200-day simple moving average of $18.02.

About PUMA SE/ADR

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.

See Also: Short Selling

The Fly

Receive News & Ratings for PUMA SE/ADR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PUMA SE/ADR and related companies with MarketBeat.com's FREE daily email newsletter.