Kering SA (OTCMKTS:PPRUY) Given Consensus Rating of “Hold” by Brokerages

Shares of Kering SA (OTCMKTS:PPRUY) have received an average rating of “Hold” from the nine brokerages that are presently covering the company, Marketbeat reports. Three analysts have rated the stock with a sell rating, four have issued a hold rating, one has assigned a buy rating and one has issued a strong buy rating on the company.

A number of analysts recently commented on PPRUY shares. Citigroup reiterated a “neutral” rating on shares of Kering in a research report on Tuesday, January 13th. Sanford C. Bernstein cut shares of Kering from a “hold” rating to a “strong sell” rating in a research note on Thursday, October 30th. Berenberg Bank reissued a “sell” rating on shares of Kering in a research report on Thursday, October 16th. HSBC downgraded shares of Kering from a “buy” rating to a “hold” rating in a research note on Friday, October 24th. Finally, Morgan Stanley upgraded Kering from an “equal weight” rating to an “overweight” rating in a report on Monday, October 6th.

Kering Price Performance

PPRUY opened at $30.64 on Friday. Kering has a 12 month low of $17.02 and a 12 month high of $40.70. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.32 and a quick ratio of 0.87. The business has a 50 day simple moving average of $34.53 and a 200-day simple moving average of $32.18.

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.