AlphaValue Reaffirms Add Rating on PPR SA (PP)
Shares of PPR SA traded up 0.04% during mid-day trading on Thursday, hitting €137.95. PPR SA has a one year low of €100.05 and a one year high of €137.95. The company has a market cap of €17.379 billion and a P/E ratio of 17.17.
PP has been the subject of a number of other recent research reports. Analysts at JPMorgan Chase reiterated an “overweight” rating on shares of PPR SA in a research note to investors on Friday, October 26th. They now have a $194.81 price target on the stock. Separately, analysts at Barclays Capital reiterated an “overweight” rating on shares of PPR SA in a research note to investors on Wednesday, October 17th. They now have a $223.68 price target on the stock. Finally, analysts at CIC Securities reiterated a “buy” rating on shares of PPR SA in a research note to investors on Tuesday, October 16th. They now have a $194.81 price target on the stock.
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.
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