Kering SA (OTCMKTS:PPRUY) Given Consensus Rating of “Hold” by Analysts

Kering SA (OTCMKTS:PPRUY) has been given a consensus recommendation of “Hold” by the eleven brokerages that are currently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and three have given a buy recommendation to the company.

A number of research analysts have commented on PPRUY shares. HSBC raised Kering from a “hold” rating to a “buy” rating in a research report on Wednesday, July 29th. Zacks Research upgraded Kering from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 12th. Barclays raised shares of Kering from a “strong sell” rating to a “hold” rating in a research report on Monday, May 11th. Citigroup reiterated a “neutral” rating on shares of Kering in a research note on Monday. Finally, Royal Bank Of Canada reissued a “sector perform” rating on shares of Kering in a research report on Wednesday, July 29th.

Kering Stock Down 0.1%

PPRUY stock opened at $29.61 on Wednesday. The company’s 50 day moving average price is $30.13 and its two-hundred day moving average price is $29.99. Kering has a one year low of $25.06 and a one year high of $40.70. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.39 and a quick ratio of 0.92.

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.