Kering SA (OTCMKTS:PPRUY) Receives Average Recommendation of “Reduce” from Brokerages

Shares of Kering SA (OTCMKTS:PPRUY) have earned an average rating of “Reduce” from the nine ratings firms that are covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and one has issued a strong buy recommendation on the company.

A number of research analysts have recently commented on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Kering in a research report on Thursday, April 24th. Kepler Capital Markets upgraded Kering from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 26th.

Kering Stock Down 0.4 %

OTCMKTS:PPRUY opened at $20.27 on Friday. The company has a current ratio of 1.38, a quick ratio of 0.87 and a debt-to-equity ratio of 0.70. Kering has a one year low of $17.02 and a one year high of $37.19. The company has a fifty day moving average price of $22.29 and a 200 day moving average price of $23.99.

Kering Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, May 22nd. Stockholders of record on Monday, May 5th will be given a dividend of $0.3048 per share. This is a positive change from Kering’s previous dividend of $0.21. This represents a dividend yield of 2.11%. The ex-dividend date of this dividend is Friday, May 2nd.

Kering Company Profile

Kering SA manages the development of a series of renowned houses in fashion, leather goods and jewelry in France, the Asia-Pacific, Western Europe, North America, Japan, and internationally. The company offers ready-to-wear products apparel and accessories for men and women. It also offers leather goods and shoes; watches and jewelry; eyewear products; and fragrances and cosmetics.