Kering SA (OTCMKTS:PPRUY) Receives Consensus Recommendation of “Hold” from Brokerages

Kering SA (OTCMKTS:PPRUY) has been given a consensus rating of “Hold” by the nine brokerages that are currently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company.

A number of analysts recently weighed in on the stock. Barclays raised shares of Kering from a “strong sell” rating to a “hold” rating in a report on Monday, May 11th. HSBC lowered shares of Kering from a “buy” rating to a “hold” rating in a report on Tuesday, April 21st. Morgan Stanley reissued an “overweight” rating on shares of Kering in a report on Friday, February 6th. Sanford C. Bernstein raised shares of Kering from a “strong sell” rating to a “hold” rating in a report on Wednesday, March 4th. Finally, TD Cowen reissued a “buy” rating on shares of Kering in a report on Thursday, April 9th.

Kering Trading Up 2.7%

Shares of PPRUY opened at $29.00 on Friday. The stock has a fifty day moving average price of $29.07 and a two-hundred day moving average price of $31.74. The company has a current ratio of 1.39, a quick ratio of 0.92 and a debt-to-equity ratio of 0.66. Kering has a 52-week low of $19.59 and a 52-week 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.