Kering SA (OTCMKTS:PPRUY) Receives Average Recommendation of “Hold” from Brokerages

Kering SA (OTCMKTS:PPRUY) has earned an average recommendation of “Hold” from the nine research firms that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and two have given a buy recommendation to the company.

A number of equities analysts have recently weighed in on the company. HSBC downgraded Kering from a “buy” rating to a “hold” rating in a report on Tuesday, April 21st. TD Cowen reiterated a “buy” rating on shares of Kering in a research note on Thursday, April 9th. Zacks Research upgraded shares of Kering from a “strong sell” rating to a “hold” rating in a research report on Monday, May 25th. Finally, Barclays raised shares of Kering from a “strong sell” rating to a “hold” rating in a research note on Monday, May 11th.

Kering Stock Performance

Kering stock traded down $0.01 during mid-day trading on Tuesday, hitting $28.70. The company’s stock had a trading volume of 35,309 shares, compared to its average volume of 240,706. The firm’s 50 day moving average is $28.93 and its 200 day moving average is $31.06. 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 52-week low of $22.17 and a 52-week 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.