Kering SA (OTCMKTS:PPRUY) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Kering SA (OTCMKTS:PPRUY) have earned a consensus recommendation of “Hold” from the nine analysts that are currently covering the company, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and two have given a buy recommendation to the company.

A number of brokerages have issued reports on PPRUY. Zacks Research cut Kering from a “hold” rating to a “strong sell” rating in a report on Tuesday, July 14th. Barclays raised shares of Kering from a “strong sell” rating to a “hold” rating in a report on Monday, May 11th. TD Cowen reiterated a “buy” rating on shares of Kering in a research report on Thursday, April 9th. Finally, HSBC downgraded shares of Kering from a “buy” rating to a “hold” rating in a report on Tuesday, April 21st.

Kering Stock Performance

Shares of PPRUY stock opened at $27.06 on Friday. The stock’s fifty day simple moving average is $29.02 and its 200 day simple moving average is $30.21. Kering has a one year low of $24.27 and a one year high of $40.70. The company has a quick ratio of 0.92, a current ratio of 1.39 and a debt-to-equity ratio of 0.66.

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.