Kering SA (OTCMKTS:PPRUY) Receives Average Rating of “Hold” from Analysts

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

PPRUY has been the topic of a number of analyst reports. Berenberg Bank reiterated a “sell” rating on shares of Kering in a research report on Thursday, October 16th. Hsbc Global Res cut shares of Kering from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 23rd. Citigroup reiterated a “neutral” rating on shares of Kering in a research note on Monday, November 3rd. Sanford C. Bernstein cut shares of Kering from a “hold” rating to a “strong sell” rating in a report on Thursday, October 30th. Finally, Barclays reaffirmed an “underweight” rating on shares of Kering in a report on Tuesday, October 7th.

Kering Stock Performance

OTCMKTS:PPRUY opened at $34.78 on Friday. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.32 and a quick ratio of 0.87. The stock’s 50 day simple moving average is $35.65 and its 200-day simple moving average is $28.84. Kering has a 12-month low of $17.02 and a 12-month high of $40.70.

About Kering

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.