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

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

PPRUY has been the subject of several analyst reports. HSBC downgraded shares of Kering from a “buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Barclays raised shares of Kering from a “strong sell” rating to a “hold” rating in a research report on Monday, May 11th. Zacks Research cut Kering from a “hold” rating to a “strong sell” rating in a report on Tuesday, July 14th. Finally, TD Cowen reissued a “buy” rating on shares of Kering in a research report on Thursday, April 9th.

Kering Stock Performance

Shares of OTCMKTS:PPRUY opened at $27.37 on Friday. The company has a current ratio of 1.39, a quick ratio of 0.92 and a debt-to-equity ratio of 0.66. The business’s fifty day moving average price is $29.04 and its two-hundred day moving average price is $30.32. Kering has a one year low of $24.27 and a one 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.