Kering SA (OTCMKTS:PPRUY – Get Free Report) shares saw unusually-high trading volume on Wednesday . Approximately 1,310,684 shares traded hands during trading, an increase of 486% from the previous session’s volume of 223,488 shares.The stock last traded at $27.06 and had previously closed at $28.10.
Wall Street Analyst Weigh In
PPRUY has been the topic of a number of recent research reports. Zacks Research raised shares of Kering from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 12th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Kering in a report on Wednesday, August 12th. Citigroup reiterated a “neutral” rating on shares of Kering in a research report on Monday, August 17th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Kering in a report on Wednesday, July 29th. Finally, HSBC raised shares of Kering from a “hold” rating to a “buy” rating in a research note on Wednesday, July 29th. Three research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Kering presently has an average rating of “Hold”.
Check Out Our Latest Stock Report on Kering
Kering Trading Down 4.0%
Kering Company Profile
Kering is a France-based global luxury goods group that designs, develops and markets fashion, leather goods, jewelry, watches, eyewear and beauty products. Its portfolio includes internationally recognized brands such as Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, DoDo and Ginori 1735. Kering Eyewear develops and distributes frames and sunglasses for its own and other luxury brands.
The company traces its origins to 1963, when François Pinault established a timber-trading business.
See Also
- Five stocks we like better than Kering
- GE Aerospace’s $11.75B Deal Puts Howmet Aerospace in Focus
- Casey’s Post-Earnings Drop May Give Investors a Better Entry Into a Quality Retailer
- Sovereign AI: Palantir and Nebius Cut the Cloud Cord
- Lithia’s Record Quarter Keeps the Bull Case Alive
Receive News & Ratings for Kering Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kering and related companies with MarketBeat.com's FREE daily email newsletter.
