CIC Securities Reiterates buy on PPR SA (PP)
PPR SA (EPA: PP)‘s stock had its “buy” rating reiterated by equities research analysts at CIC Securities in a research note issued to investors on Thursday. They currently have a $194.81 (€150) price target on the stock.
Several other analysts have also recently commented on the stock. Analysts at AlphaValue reiterated an “add” rating on shares of PPR SA in a research note to investors on Thursday, November 22nd. They now have a $211.54 price target on the stock. Finally, 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.
Shares of PPR SA traded up 1.35% during mid-day trading on Thursday, hitting €142.40. PPR SA has a 52 week low of €103.85 and a 52 week high of €140.75. The company has a market cap of €17.940 billion and a P/E ratio of 17.49.
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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.