Kering SA (OTCMKTS:PPRUY) Receives Average Recommendation of “Hold” from Brokerages

Kering SA (OTCMKTS:PPRUY) has been given a consensus rating of “Hold” by the nine brokerages that are covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and two have issued a buy recommendation on the company.

Several equities analysts have weighed in on the company. Zacks Research raised Kering from a “strong sell” rating to a “hold” rating in a report on Monday, May 25th. Barclays raised Kering from a “strong sell” rating to a “hold” rating in a report on Monday, May 11th. HSBC lowered Kering from a “buy” rating to a “hold” rating in a report on Tuesday, April 21st. Sanford C. Bernstein raised Kering from a “strong sell” rating to a “hold” rating in a report on Wednesday, March 4th. Finally, TD Cowen reaffirmed a “buy” rating on shares of Kering in a report on Thursday, April 9th.

Kering Stock Up 5.3%

Shares of OTCMKTS PPRUY opened at $30.77 on Friday. The stock has a fifty day simple moving average of $29.09 and a two-hundred day simple moving average of $31.55. Kering has a 1-year low of $19.66 and a 1-year high of $40.70. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.39 and a quick ratio of 0.92.

Kering Company Profile

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.