Kering (OTCMKTS:PPRUY) Stock Rating Upgraded by Berenberg Bank

Kering (OTCMKTS:PPRUY) was upgraded by investment analysts at Berenberg Bank to a “hold” rating in a research note issued to investors on Wednesday, Zacks.com reports.

Several other research firms have also commented on PPRUY. Royal Bank of Canada restated a “sector perform” rating on shares of Kering in a research report on Monday, September 9th. UBS Group cut Kering from a “buy” rating to a “neutral” rating in a report on Thursday, July 25th. The Goldman Sachs Group lowered shares of Kering from a “neutral” rating to a “sell” rating in a research note on Tuesday, October 1st. Barclays restated an “underweight” rating on shares of Kering in a report on Monday, September 9th. Finally, Citigroup lowered shares of Kering from a “buy” rating to a “neutral” rating in a report on Monday, October 21st. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, Kering currently has an average rating of “Hold”.

Kering Stock Down 0.1 %

OTCMKTS:PPRUY opened at $24.82 on Wednesday. Kering has a fifty-two week low of $23.90 and a fifty-two week high of $47.41. The company has a 50 day moving average price of $26.34 and a 200 day moving average price of $31.23.

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.