KERING UNSPON ADR EA REPR 0.1 (PPRUY) Upgraded to Buy at Zacks Investment Research
KERING UNSPON ADR EA REPR 0.1 (NASDAQ:PPRUY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report issued on Tuesday. The firm currently has a $23.00 target price on the stock. Zacks Investment Research’s price target points to a potential upside of 9.79% from the stock’s current price.
According to Zacks, “Kering is involved in the design, manufacture and distribution of apparel and accessories. It operates through two segments: Luxury segment and Sport and Lifestyle segment. The company’s product include handbags, small leather goods, luggage, shoes, men and women’s ready-to-wear, silks, watches, fine jewellery, eyewear, lingerie, fragrances and cosmetics, furniture, kids wear, T-shirts, track jackets, bags, board shorts, polo shirts, denim, swim, outerwear, and sandals; footwear; sunglasses, snow goggles, backpacks, luggage, and accessories. Its brand name consists of Puma, Volcom, Cobra, Electric, Tretorn, Gucci, Bottega Veneta, Yves Saint Laurent, Alexander McQueen, Balenciaga, Brioni, Christopher Kane, Qeelin, Stella McCartney, Sergio Rossi, Boucheron, Girard-Perregaux, and JeanRichard. Kering is headquartered in Paris, France. “
Separately, Goldman Sachs Group Inc. upgraded KERING UNSPON ADR EA REPR 0.1 from a “neutral” rating to a “buy” rating in a report on Tuesday, September 27th.
Shares of KERING UNSPON ADR EA REPR 0.1 (NASDAQ:PPRUY) opened at 20.95 on Tuesday. The company’s 50-day moving average price is $19.79 and its 200 day moving average price is $17.87. The company has a market cap of $26.46 billion and a price-to-earnings ratio of 32.11. KERING UNSPON ADR EA REPR 0.1 has a 12-month low of $15.00 and a 12-month high of $21.05.
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