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

Kering SA (OTCMKTS:PPRUY) has earned a consensus recommendation of “Hold” from the nine brokerages that are covering the company, MarketBeat 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 topic of several recent analyst reports. Barclays upgraded Kering from a “strong sell” rating to a “hold” rating in a research report on Monday, May 11th. Zacks Research downgraded Kering from a “hold” rating to a “strong sell” rating in a research note on Tuesday, July 14th. HSBC lowered Kering from a “buy” rating to a “hold” rating in a report on Tuesday, April 21st. Finally, TD Cowen reiterated a “buy” rating on shares of Kering in a research report on Thursday, April 9th.

Kering Stock Performance

OTCMKTS:PPRUY opened at $27.37 on Friday. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.39 and a quick ratio of 0.92. The stock’s 50 day simple moving average is $29.04 and its 200-day simple moving average is $30.32. Kering has a 12-month low of $24.27 and a 12-month 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.