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

Kering SA (OTCMKTS:PPRUY) has received a consensus recommendation of “Hold” from the twelve research firms that are covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and three have issued a buy rating on the company.

Several analysts have issued reports on PPRUY shares. The Goldman Sachs Group assumed coverage on shares of Kering in a research note on Sunday, October 4th. They issued a “neutral” rating on the stock. Citigroup restated a “neutral” rating on shares of Kering in a research report on Monday, August 17th. Zacks Research raised shares of Kering from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 12th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Kering in a report on Wednesday, July 29th. Finally, HSBC upgraded Kering from a “hold” rating to a “buy” rating in a research report on Wednesday, July 29th.

Kering Stock Performance

Shares of OTCMKTS:PPRUY opened at $23.66 on Thursday. The company has a 50 day moving average of $27.63 and a 200 day moving average of $28.77. Kering has a 12 month low of $23.05 and a 12 month high of $40.70. The company has a quick ratio of 1.57, a current ratio of 2.05 and a debt-to-equity ratio of 0.65.

About Kering

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, Qeelin and Ginori 1735. Kering Eyewear develops and distributes eyewear for its own and other luxury brands.

The company traces its origins to 1963, when François Pinault founded a timber-trading business that later expanded into retail and was known as Pinault-Printemps-Redoute, or PPR.