Kering SA (OTCMKTS:PPRUY) Given Average Recommendation of “Hold” by Analysts

Shares of Kering SA (OTCMKTS:PPRUY) have earned an average recommendation of “Hold” from the eight analysts that are covering the stock, MarketBeat.com reports. Three research analysts have rated the stock with a sell rating, three have issued a hold rating, one has assigned a buy rating and one has issued a strong buy rating on the company.

A number of research firms have recently issued reports on PPRUY. Berenberg Bank reiterated a “sell” rating on shares of Kering in a research note on Thursday, October 16th. Citigroup reaffirmed a “neutral” rating on shares of Kering in a research report on Tuesday, January 13th. Sanford C. Bernstein downgraded Kering from a “hold” rating to a “strong sell” rating in a report on Thursday, October 30th. HSBC downgraded Kering from a “buy” rating to a “hold” rating in a report on Friday, October 24th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Kering in a research note on Friday.

Kering Price Performance

Shares of OTCMKTS PPRUY opened at $30.62 on Friday. The stock has a fifty day moving average price of $34.23 and a 200 day moving average price of $32.26. The company has a current ratio of 1.32, a quick ratio of 0.87 and a debt-to-equity ratio of 0.69. Kering has a 12-month low of $17.02 and a 12-month high of $40.70.

About Kering

Kering is a global luxury goods group headquartered in Paris that designs, produces and distributes high-end fashion, leather goods, jewelry and watches. The company owns and manages a portfolio of well-known maisons — including Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen and several specialist jewelry and watchmakers — and supports those brands with centralized services for sourcing, manufacturing oversight, distribution and retail operations.

Originally part of a broader retail conglomerate, the group repositioned itself over the past two decades as a focused luxury house and adopted the Kering name in the 2010s.