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

Shares of Kering SA (OTCMKTS:PPRUY) have received a consensus rating of “Reduce” from the ten analysts that are presently covering the firm, Marketbeat.com reports. Three research analysts have rated the stock with a sell recommendation, five have given a hold recommendation and two have assigned a buy recommendation to the company.

PPRUY has been the subject of several research analyst reports. TD Cowen reaffirmed a “buy” rating on shares of Kering in a research note on Thursday, April 9th. Morgan Stanley reaffirmed an “overweight” rating on shares of Kering in a research note on Friday, February 6th. Zacks Research downgraded Kering from a “hold” rating to a “strong sell” rating in a research note on Thursday, March 19th. Sanford C. Bernstein raised Kering from a “strong sell” rating to a “hold” rating in a research note on Wednesday, March 4th. Finally, DZ Bank raised Kering from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 11th.

Kering Price Performance

Shares of PPRUY stock opened at $28.12 on Thursday. The company has a quick ratio of 0.92, a current ratio of 1.39 and a debt-to-equity ratio of 0.66. The stock has a 50 day simple moving average of $30.62 and a 200-day simple moving average of $33.44. Kering has a 1-year low of $18.64 and a 1-year high of $40.70.

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.