Kering SA (OTCMKTS:PPRUY) Given Average Rating of “Reduce” by Analysts

Shares of Kering SA (OTCMKTS:PPRUY) have received a consensus rating of “Reduce” from the eight research firms that are currently covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation and six have issued a hold recommendation on the company.

A number of equities research analysts recently weighed in on the company. Royal Bank of Canada restated a “sector perform” rating on shares of Kering in a report on Monday, September 9th. The Goldman Sachs Group lowered Kering from a “neutral” rating to a “sell” rating in a research note on Tuesday, October 1st. Citigroup lowered Kering from a “buy” rating to a “neutral” rating in a research report on Monday, October 21st. Berenberg Bank raised shares of Kering to a “hold” rating in a research report on Wednesday, October 30th. Finally, Barclays restated an “underweight” rating on shares of Kering in a report on Monday, September 9th.

Kering Stock Up 0.7 %

Shares of OTCMKTS PPRUY opened at $23.24 on Wednesday. Kering has a 1-year low of $21.69 and a 1-year high of $47.41. The stock has a fifty day moving average price of $25.05 and a 200 day moving average price of $29.64.

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.