Shares of Kering SA (OTCMKTS:PPRUY – Get Free Report) saw an uptick in trading volume on Wednesday . Approximately 1,310,684 shares traded hands during mid-day trading, an increase of 486% from the previous session’s volume of 223,488 shares.The stock last traded at $27.06 and had previously closed at $28.10.
Wall Street Analysts Forecast Growth
A number of analysts have recently issued reports on the stock. Citigroup reissued a “neutral” rating on shares of Kering in a research note on Monday, August 17th. Royal Bank Of Canada restated a “sector perform” rating on shares of Kering in a report on Wednesday, July 29th. Zacks Research upgraded shares of Kering from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 12th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Kering in a research note on Wednesday, August 12th. Finally, HSBC upgraded Kering from a “hold” rating to a “buy” rating in a research note on Wednesday, July 29th. Three investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.
Check Out Our Latest Analysis on PPRUY
Kering Trading Down 4.0%
Kering Company Profile
Kering is a France-based global luxury goods group that designs, develops and markets fashion, leather goods, jewelry, watches, eyewear and beauty products. Its portfolio includes internationally recognized brands such as Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, DoDo and Ginori 1735. Kering Eyewear develops and distributes frames and sunglasses for its own and other luxury brands.
The company traces its origins to 1963, when François Pinault established a timber-trading business.
See Also
- Five stocks we like better than Kering
- GE Aerospace’s $11.75B Deal Puts Howmet Aerospace in Focus
- Casey’s Post-Earnings Drop May Give Investors a Better Entry Into a Quality Retailer
- Sovereign AI: Palantir and Nebius Cut the Cloud Cord
- Lithia’s Record Quarter Keeps the Bull Case Alive
Receive News & Ratings for Kering Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kering and related companies with MarketBeat.com's FREE daily email newsletter.
