Kering SA (OTCMKTS:PPRUY) Receives Consensus Recommendation of “Hold” from Brokerages

Shares of Kering SA (OTCMKTS:PPRUY) have received a consensus rating of “Hold” from the nine research firms that are covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the company.

Several brokerages have recently issued reports on PPRUY. HSBC downgraded shares of Kering from a “buy” rating to a “hold” rating in a report on Tuesday, April 21st. Barclays raised shares of Kering from a “strong sell” rating to a “hold” rating in a report on Monday, May 11th. Zacks Research downgraded shares of Kering from a “hold” rating to a “strong sell” rating in a report on Thursday, March 19th. TD Cowen reaffirmed a “buy” rating on shares of Kering in a report on Thursday, April 9th. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of Kering in a report on Friday, February 6th.

Kering Stock Performance

Shares of PPRUY opened at $27.38 on Monday. Kering has a 1 year low of $19.23 and a 1 year high of $40.70. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.39 and a quick ratio of 0.92. The firm has a fifty day moving average of $29.14 and a 200-day moving average of $32.46.

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.