Kering (OTCMKTS:PPRUY) Upgraded at Kepler Capital Markets

Kepler Capital Markets upgraded shares of Kering (OTCMKTS:PPRUY) from a hold rating to a strong-buy rating in a research note released on Wednesday morning,Zacks.com reports.

A number of other analysts have also recently issued reports on the stock. JPMorgan Chase & Co. cut shares of Kering from a “neutral” rating to an “underweight” rating in a research note on Monday, December 2nd. Berenberg Bank raised shares of Kering to a “hold” rating in a research note on Wednesday, October 30th. Three research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Kering presently has a consensus rating of “Hold”.

Kering Stock Down 0.7 %

PPRUY opened at $27.97 on Wednesday. The company has a current ratio of 1.38, a quick ratio of 0.87 and a debt-to-equity ratio of 0.70. Kering has a 1-year low of $21.69 and a 1-year high of $47.15. The firm’s 50 day simple moving average is $25.81 and its two-hundred day simple moving average is $25.68.

Kering Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, January 31st. Stockholders of record on Monday, January 13th were paid a $0.2097 dividend. The ex-dividend date of this dividend was Monday, January 13th.

Kering Company Profile

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.