Kering SA (OTCMKTS:PPRUY) Given Consensus Recommendation of “Hold” by Analysts

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

Several analysts recently issued reports on the company. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Kering in a report on Wednesday, July 29th. Zacks Research upgraded Kering from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 12th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Kering in a report on Wednesday, August 12th. Citigroup reiterated a “neutral” rating on shares of Kering in a research note on Monday, August 17th. Finally, HSBC raised shares of Kering from a “hold” rating to a “buy” rating in a research note on Wednesday, July 29th.

Kering Stock Up 1.9%

Shares of PPRUY stock opened at $27.60 on Friday. The company has a quick ratio of 0.92, a current ratio of 1.39 and a debt-to-equity ratio of 0.66. Kering has a fifty-two week low of $26.22 and a fifty-two week high of $40.70. The firm’s 50 day moving average price is $29.67 and its two-hundred day moving average price is $29.58.

About Kering

Kering is a France-based global luxury goods group that develops and manages premium brands across fashion, leather goods, jewelry, watches, eyewear and beauty. Its portfolio includes Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, DoDo and Ginori 1735. Kering Eyewear designs, manufactures and distributes prescription frames and sunglasses for its own and other luxury brands.

The group serves customers internationally through directly operated stores, e-commerce platforms, wholesale partners and other distribution channels.