Deutsche Bank Gives Buy Rating to PPR SA (PP)
Shares of PPR SA traded up 0.45% during mid-day trading on Friday, hitting €121.70. PPR SA has a 52 week low of €97.76 and a 52 week high of €136.90. The company has a market cap of €15.332 billion and a P/E ratio of 15.08.
PP has been the subject of a number of other recent research reports. Analysts at AlphaValue reiterated a “buy” rating on shares of PPR SA in a research note to investors on Tuesday. They now have a $202.56 price target on the stock. Analysts at Aurel – BGC reiterated a “buy” rating on shares of PPR SA in a research note to investors on Tuesday. They now have a $179.49 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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