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

Kering SA (OTCMKTS:PPRUY) has been assigned a consensus rating of “Hold” from the nine ratings firms that are covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the company.

Several research firms have issued reports on PPRUY. TD Cowen reissued a “buy” rating on shares of Kering in a research note on Thursday, April 9th. HSBC downgraded Kering from a “buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Barclays raised Kering from a “strong sell” rating to a “hold” rating in a research note on Monday, May 11th. DZ Bank raised Kering from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 11th. Finally, Zacks Research raised Kering from a “strong sell” rating to a “hold” rating in a research note on Monday, May 25th.

Kering Stock Up 3.7%

PPRUY stock opened at $29.66 on Friday. The business’s 50-day moving average price is $29.07 and its two-hundred day moving average price is $31.60. The company has a current ratio of 1.39, a quick ratio of 0.92 and a debt-to-equity ratio of 0.66. Kering has a 1-year low of $19.66 and a 1-year high of $40.70.

Kering Company Profile

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.