Kering SA (OTCMKTS:PPRUY) Given Average Recommendation of “Hold” by Brokerages

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

A number of analysts have recently weighed in on the stock. Berenberg Bank reaffirmed a “sell” rating on shares of Kering in a report on Thursday, October 16th. HSBC cut Kering from a “buy” rating to a “hold” rating in a research note on Friday, October 24th. Barclays reaffirmed an “underweight” rating on shares of Kering in a report on Tuesday, October 7th. Hsbc Global Res cut Kering from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 23rd. Finally, Morgan Stanley raised Kering from an “equal weight” rating to an “overweight” rating in a research note on Monday, October 6th.

Kering Stock Down 0.9%

Shares of Kering stock opened at $36.29 on Friday. The company has a current ratio of 1.32, a quick ratio of 0.87 and a debt-to-equity ratio of 0.69. Kering has a 12-month low of $17.02 and a 12-month high of $40.70. The firm’s 50-day moving average price is $35.67 and its two-hundred day moving average price is $29.17.

Kering Company Profile

Kering SA manages the development of a series of renowned houses in fashion, leather goods and jewelry in France, the Asia-Pacific, Western Europe, North America, Japan, and internationally. The company offers ready-to-wear products apparel and accessories for men and women. It also offers leather goods and shoes; watches and jewelry; eyewear products; and fragrances and cosmetics.