KERING UNSPON ADR EA REPR 0.1 (PPRUY) Rating Increased to Buy at Zacks Investment Research
KERING UNSPON ADR EA REPR 0.1 (NASDAQ:PPRUY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Tuesday. The brokerage currently has a $23.00 price target on the stock. Zacks Investment Research’s price target would suggest a potential upside of 9.55% from the company’s current price.
According to Zacks, “Kering is involved in the design, manufacture and distribution of apparel and accessories. It operates through two segments: Luxury segment and Sport and Lifestyle segment. The company’s product include handbags, small leather goods, luggage, shoes, men and women’s ready-to-wear, silks, watches, fine jewellery, eyewear, lingerie, fragrances and cosmetics, furniture, kids wear, T-shirts, track jackets, bags, board shorts, polo shirts, denim, swim, outerwear, and sandals; footwear; sunglasses, snow goggles, backpacks, luggage, and accessories. Its brand name consists of Puma, Volcom, Cobra, Electric, Tretorn, Gucci, Bottega Veneta, Yves Saint Laurent, Alexander McQueen, Balenciaga, Brioni, Christopher Kane, Qeelin, Stella McCartney, Sergio Rossi, Boucheron, Girard-Perregaux, and JeanRichard. Kering is headquartered in Paris, France. “
Separately, Goldman Sachs Group Inc. upgraded KERING UNSPON ADR EA REPR 0.1 from a “neutral” rating to a “buy” rating in a research note on Tuesday, September 27th.
Shares of KERING UNSPON ADR EA REPR 0.1 (NASDAQ:PPRUY) opened at 20.995 on Tuesday. The stock has a market capitalization of $26.51 billion and a price-to-earnings ratio of 32.181. The firm’s 50 day moving average is $19.83 and its 200 day moving average is $17.91. KERING UNSPON ADR EA REPR 0.1 has a 12 month low of $15.00 and a 12 month high of $21.27.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
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