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

Shares of Kering SA (OTCMKTS:PPRUY) have earned a consensus recommendation of “Hold” from the eleven brokerages that are covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating on the company.

PPRUY has been the subject of several research analyst reports. Zacks Research raised shares of Kering from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 12th. Citigroup reissued a “neutral” rating on shares of Kering in a research report on Monday, August 17th. Royal Bank Of Canada reissued a “sector perform” rating on shares of Kering in a research report on Wednesday, July 29th. HSBC upgraded shares of Kering from a “hold” rating to a “buy” rating in a research note on Wednesday, July 29th. Finally, Barclays upgraded shares of Kering from a “strong sell” rating to a “hold” rating in a research note on Monday, May 11th.

Kering Stock Performance

Shares of OTCMKTS PPRUY opened at $28.81 on Wednesday. Kering has a fifty-two week low of $26.18 and a fifty-two week high of $40.70. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.39 and a quick ratio of 0.92. The business has a 50-day simple moving average of $30.04 and a two-hundred day simple moving average of $29.94.

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.