Kering SA (PPRUY) – What Are Researchers Thinking About This Stock?

Shares of Kering SA (OTCMKTS:PPRUY) have been assigned a consensus recommendation of “Hold” from the eleven analysts that are presently covering the company, Marketbeat.com reports. Nine research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company.

A number of research firms have recently commented on PPRUY. HSBC raised Kering from a “hold” rating to a “buy” rating in a research note on Wednesday, July 29th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Kering in a report on Wednesday, August 12th. TD Cowen assumed coverage on shares of Kering in a research report on Friday, October 30th. They issued a “hold” rating on the stock. Zacks Research upgraded shares of Kering from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 12th. Finally, The Goldman Sachs Group began coverage on Kering in a research report on Sunday, October 4th. They set a “neutral” rating for the company.

Kering Stock Up 7.9%

Shares of OTCMKTS PPRUY opened at $21.67 on Monday. The stock has a fifty day moving average price of $24.88 and a two-hundred day moving average price of $28.79. The company has a quick ratio of 1.57, a current ratio of 2.05 and a debt-to-equity ratio of 0.65. Kering has a 1 year low of $19.53 and a 1 year high of $37.68.

Kering Company Profile

Kering is a France-based global luxury goods group that develops, manages and distributes fashion, leather goods, jewelry, watches, eyewear and beauty products through a portfolio of luxury houses. Its brands serve customers through directly operated stores, e-commerce platforms, wholesale partners and other distribution channels across major markets worldwide, including Europe, North America and Asia-Pacific.

The group’s principal houses include Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, DoDo and Ginori 1735.