PPR SA (EPA: PP)‘s stock had its “buy” rating reaffirmed by research analysts at Nomura in a report released on Friday, AnalystRatings.Net reports. They currently have a €184.00 ($238.96) target price on the stock.
A number of other analysts have also recently weighed in on PP. Analysts at BNP Paribas reiterated a “neutral” rating on shares of PPR SA in a research note to investors on Wednesday, May 22nd. They now have a €190.00 ($246.75) price target on the stock. Separately, analysts at Cantor Fitzgerald reiterated a “buy” rating on shares of PPR SA in a research note to investors on Tuesday, May 21st. They now have a €190.00 ($246.75) price target on the stock. Finally, analysts at Societe Generale reiterated a “buy” rating on shares of PPR SA in a research note to investors on Monday, May 20th. They now have a €205.00 ($266.23) price target on the stock.
One analyst has rated the stock with a sell rating, seven have issued a hold rating and eleven have assigned a buy rating to the stock. PPR SA presently has a consensus rating of “Buy” and a consensus target price of €180.37 ($234.25).
PPR SA is a France-based company that specializes in retail and luxury goods distribution. The Company operates through five core lines: FNAC, a retailer of cultural and technological products; REDCATS, an online retailer for fashion and home furnishing products; Sport & Lifestyle, that designs and develops footwear, apparel and accessories under the brand names Puma, Volcom and Electrics; and LUXURY, which operates the Luxury Group division of PPR SA and designs, manufactures and markets high-end luxury items, such as ready-to-wear clothing, leather goods, shoes, watches, jewelry, fragrances and cosmetics.
