Kering (OTCMKTS:PPRUY) Downgraded by The Goldman Sachs Group

The Goldman Sachs Group downgraded shares of Kering (OTCMKTS:PPRUY) from a neutral rating to a sell rating in a report released on Tuesday morning, MarketBeat reports.

Several other research firms have also recently commented on PPRUY. Barclays restated an underweight rating on shares of Kering in a research report on Monday, September 9th. UBS Group downgraded Kering from a buy rating to a neutral rating in a report on Thursday, July 25th. Finally, Royal Bank of Canada reiterated a sector perform rating on shares of Kering in a report on Monday, September 9th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat, Kering has a consensus rating of Hold.

Kering Price Performance

Shares of OTCMKTS PPRUY opened at $26.14 on Tuesday. The company has a current ratio of 1.38, a quick ratio of 0.86 and a debt-to-equity ratio of 0.63. Kering has a fifty-two week low of $24.43 and a fifty-two week high of $47.41. The stock has a fifty day moving average of $27.71 and a 200-day moving average of $33.21.

About Kering

Kering SA manages the development of a series of renowned houses in fashion, leather goods and jewelry in France, the Asia-Pacific, Western Europe, North America, Japan, and internationally. The company offers ready-to-wear products apparel and accessories for men and women. It also offers leather goods and shoes; watches and jewelry; eyewear products; and fragrances and cosmetics.