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

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

Several research firms have weighed in on PPRUY. Citigroup restated a “neutral” rating on shares of Kering in a report on Tuesday, January 13th. DZ Bank raised Kering from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 11th. Sanford C. Bernstein lowered Kering from a “hold” rating to a “strong sell” rating in a report on Thursday, October 30th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Kering in a report on Friday, February 6th.

Kering Stock Performance

Kering stock opened at $33.68 on Wednesday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.87 and a current ratio of 1.32. Kering has a 1-year low of $17.02 and a 1-year high of $40.70. The firm’s fifty day simple moving average is $33.90 and its 200-day simple moving average is $33.06.

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.