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

Kering SA (OTCMKTS:PPRUY) has earned an average rating of “Reduce” from the nine research firms that are presently covering the stock, Marketbeat Ratings reports. Three analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and one has given a buy recommendation to the company.

PPRUY has been the topic of a number of recent analyst reports. Zacks Research lowered Kering from a “hold” rating to a “strong sell” rating in a research report on Thursday, March 19th. Sanford C. Bernstein upgraded Kering from a “strong sell” rating to a “hold” rating in a report on Wednesday, March 4th. Morgan Stanley reaffirmed an “overweight” rating on shares of Kering in a research note on Friday, February 6th. Citigroup reiterated a “neutral” rating on shares of Kering in a report on Tuesday, January 13th. Finally, DZ Bank raised shares of Kering from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 11th.

Kering Stock Performance

PPRUY opened at $28.93 on Friday. The business has a 50 day simple moving average of $31.27 and a two-hundred day simple moving average of $33.54. The company has a quick ratio of 0.92, a current ratio of 1.39 and a debt-to-equity ratio of 0.66. Kering has a one year low of $17.02 and a one year high of $40.70.

Kering Company Profile

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.