Kering (OTCMKTS:PPRUY) Now Covered by Analysts at TD Cowen

Stock analysts at TD Cowen began coverage on shares of Kering (OTCMKTS:PPRUY) in a research report issued on Friday, Zacks reports. The brokerage set a “hold” rating on the stock.

Several other brokerages also recently issued reports on PPRUY. HSBC raised Kering from a “hold” rating to a “buy” rating in a report on Wednesday, July 29th. Zacks Research upgraded shares of Kering from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 12th. The Goldman Sachs Group began coverage on shares of Kering in a report on Sunday, October 4th. They issued a “neutral” rating on the stock. Royal Bank Of Canada restated a “sector perform” rating on shares of Kering in a research report on Wednesday, July 29th. Finally, Citigroup restated a “neutral” rating on shares of Kering in a research report on Monday, August 17th. Two investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold”.

Kering Price Performance

Shares of PPRUY opened at $19.72 on Friday. Kering has a 1-year low of $19.53 and a 1-year high of $37.68. The company’s fifty day simple moving average is $25.41 and its 200 day simple moving average is $29.01. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.57 and a current ratio of 2.05.

Kering Company Profile

Kering is a France-based global luxury goods group that develops, manages and distributes fashion, leather goods, jewelry, watches, eyewear and beauty products through a portfolio of luxury houses. Its brands serve customers through directly operated stores, e-commerce platforms, wholesale partners and other distribution channels across major markets worldwide, including Europe, North America and Asia-Pacific.

The group’s principal houses include Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, DoDo and Ginori 1735.