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

Kering SA (OTCMKTS:PPRUY) has been assigned an average recommendation of “Hold” from the nine ratings firms that are currently covering the firm, Marketbeat reports. Three research analysts have rated the stock with a sell recommendation, four have issued a hold recommendation, one has assigned a buy recommendation and one has issued a strong buy recommendation on the company.

A number of research firms have recently commented on PPRUY. HSBC lowered Kering from a “buy” rating to a “hold” rating in a report on Friday, October 24th. Citigroup reissued a “neutral” rating on shares of Kering in a report on Monday, November 3rd. Hsbc Global Res lowered Kering from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 23rd. Morgan Stanley upgraded Kering from an “equal weight” rating to an “overweight” rating in a research report on Monday, October 6th. Finally, Sanford C. Bernstein lowered shares of Kering from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 30th.

Kering Stock Up 1.8%

PPRUY opened at $36.90 on Tuesday. Kering has a 12 month low of $17.02 and a 12 month high of $40.70. The company has a quick ratio of 0.87, a current ratio of 1.32 and a debt-to-equity ratio of 0.69. The company has a 50 day moving average of $35.21 and a 200 day moving average of $30.94.

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.