Kering SA (OTCMKTS:PPRUY) Receives Consensus Recommendation of “Hold” from Analysts

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

Several brokerages have recently commented on PPRUY. Barclays raised Kering from a “strong sell” rating to a “hold” rating in a research report on Monday, May 11th. Zacks Research raised Kering from a “strong sell” rating to a “hold” rating in a research report on Monday, May 25th. HSBC cut Kering from a “buy” rating to a “hold” rating in a research report on Tuesday, April 21st. TD Cowen reissued a “buy” rating on shares of Kering in a research report on Thursday, April 9th. Finally, Sanford C. Bernstein raised Kering from a “strong sell” rating to a “hold” rating in a research report on Wednesday, March 4th.

Kering Trading Down 1.4%

Shares of Kering stock opened at $29.90 on Tuesday. The business has a fifty day simple moving average of $28.97 and a 200-day simple moving average of $31.23. The company has a quick ratio of 0.92, a current ratio of 1.39 and a debt-to-equity ratio of 0.66. Kering has a 12 month low of $21.56 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.