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

Kering SA (OTCMKTS:PPRUY) has been assigned an average recommendation of “Hold” from the ten ratings firms that are currently covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and three have given a buy recommendation to the company.

PPRUY has been the topic of several research analyst reports. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Kering in a research note on Wednesday. HSBC raised shares of Kering from a “hold” rating to a “buy” rating in a report on Wednesday. TD Cowen restated a “buy” rating on shares of Kering in a research note on Thursday, April 9th. Barclays upgraded shares of Kering from a “strong sell” rating to a “hold” rating in a research note on Monday, May 11th. Finally, Zacks Research cut shares of Kering from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 14th.

Kering Trading Down 2.0%

Kering stock opened at $33.03 on Friday. 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 has a 52 week low of $24.27 and a 52 week high of $40.70. The stock has a fifty day moving average of $29.39 and a 200-day moving average of $30.16.

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.