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

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

PPRUY has been the subject of several research analyst reports. HSBC raised Kering from a “hold” rating to a “buy” rating in a report on Wednesday, July 29th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Kering in a research report on Wednesday, August 12th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Kering in a report on Wednesday, July 29th. Citigroup restated a “neutral” rating on shares of Kering in a research note on Monday, August 17th. Finally, Zacks Research upgraded Kering from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 12th.

Kering Stock Performance

PPRUY opened at $27.60 on Friday. The company has a 50-day moving average of $29.67 and a 200-day moving average of $29.58. 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 1-year low of $26.22 and a 1-year high of $40.70.

Kering Company Profile

Kering is a France-based global luxury goods group that develops and manages premium brands across fashion, leather goods, jewelry, watches, eyewear and beauty. Its portfolio includes Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, DoDo and Ginori 1735. Kering Eyewear designs, manufactures and distributes prescription frames and sunglasses for its own and other luxury brands.

The group serves customers internationally through directly operated stores, e-commerce platforms, wholesale partners and other distribution channels.