Kering SA (OTCMKTS:PPRUY) Receives Average Rating of “Hold” from Analysts

Shares of Kering SA (OTCMKTS:PPRUY) have been assigned a consensus rating of “Hold” from the eleven brokerages that are currently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have issued a buy rating on the company.

Several brokerages recently weighed in on PPRUY. Citigroup reaffirmed a “neutral” rating on shares of Kering in a report on Monday. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Kering in a research report on Wednesday, August 12th. Barclays raised Kering from a “strong sell” rating to a “hold” rating in a research note on Monday, May 11th. Royal Bank Of Canada reissued a “sector perform” rating on shares of Kering in a report on Wednesday, July 29th. Finally, Zacks Research raised shares of Kering from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 12th.

Kering Price Performance

Shares of PPRUY stock opened at $29.61 on Wednesday. Kering has a one year low of $25.06 and a one year high of $40.70. The company’s fifty day moving average price is $30.13 and its 200-day moving average price is $29.99. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.92 and a current ratio of 1.39.

About Kering

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.