Kering SA (OTCMKTS:PPRUY) Stock Rated “Hold” by Sell-Side Brokerages

Shares of Kering SA (OTCMKTS:PPRUY) have been given a consensus rating of “Hold” by the eleven brokerages that are covering the stock, MarketBeat.com reports. Nine equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company.

A number of equities analysts have recently commented on the company. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Kering in a report on Wednesday, July 29th. TD Cowen began coverage on Kering in a research report on Friday, October 30th. They issued a “hold” rating for the company. HSBC upgraded Kering from a “hold” rating to a “buy” rating in a research note on Wednesday, July 29th. Citigroup reissued a “neutral” rating on shares of Kering in a report 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 Price Performance

Kering stock opened at $20.74 on Monday. Kering has a 1-year low of $19.53 and a 1-year high of $37.68. The company has a current ratio of 2.05, a quick ratio of 1.57 and a debt-to-equity ratio of 0.65. The firm has a 50 day simple moving average of $24.55 and a 200 day simple moving average of $28.67.

Kering Company Profile

Kering is a French luxury group headquartered in Paris. Its portfolio includes fashion and leather-goods houses such as Gucci, Saint Laurent, Bottega Veneta, Balenciaga and Brioni, as well as jewelry brands including Boucheron, Pomellato, Dodo and Qeelin.

The group develops and sells products including clothing, handbags, shoes, accessories, jewelry, watches and eyewear. Kering Eyewear works with the group’s brands and selected partner labels to design, develop and distribute eyewear.

Kering serves customers around the world through boutiques, e-commerce and wholesale partners.