Kering SA (OTCMKTS:PPRUY) Given Average Recommendation of “Reduce” by Brokerages

Kering SA (OTCMKTS:PPRUY) has been given an average recommendation of “Reduce” by the nine analysts that are covering the stock, Marketbeat reports. Three equities research analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and one has assigned a strong buy recommendation to the company.

Several brokerages recently commented on PPRUY. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Kering in a research note on Thursday, April 24th. Kepler Capital Markets upgraded shares of Kering from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 26th.

Kering Stock Performance

Shares of OTCMKTS:PPRUY opened at $20.59 on Wednesday. The company has a 50 day moving average of $20.19 and a 200 day moving average of $23.51. Kering has a 12 month low of $17.02 and a 12 month high of $37.19. The company has a quick ratio of 0.87, a current ratio of 1.38 and a debt-to-equity ratio of 0.70.

Kering Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, May 22nd. Stockholders of record on Monday, May 5th will be issued a $0.3048 dividend. This represents a dividend yield of 2.11%. This is a positive change from Kering’s previous dividend of $0.21. The ex-dividend date is Friday, May 2nd.

Kering Company Profile

Kering SA manages the development of a series of renowned houses in fashion, leather goods and jewelry in France, the Asia-Pacific, Western Europe, North America, Japan, and internationally. The company offers ready-to-wear products apparel and accessories for men and women. It also offers leather goods and shoes; watches and jewelry; eyewear products; and fragrances and cosmetics.