Kering (OTCMKTS:PPRUY) Lowered to Sell at The Goldman Sachs Group

The Goldman Sachs Group cut shares of Kering (OTCMKTS:PPRUY) from a neutral rating to a sell rating in a report issued on Tuesday morning, MarketBeat Ratings reports.

PPRUY has been the topic of a number of other research reports. Barclays restated an underweight rating on shares of Kering in a research note on Monday, September 9th. UBS Group downgraded Kering from a buy rating to a neutral rating in a research note on Thursday, July 25th. Finally, Royal Bank of Canada reiterated a sector perform rating on shares of Kering in a research note on Monday, September 9th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat, Kering has a consensus rating of Hold.

Kering Stock Performance

Shares of OTCMKTS PPRUY opened at $27.67 on Tuesday. Kering has a twelve month low of $24.43 and a twelve month high of $47.41. The stock’s 50 day moving average price is $27.88 and its 200-day moving average price is $33.31. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.86 and a current ratio of 1.38.

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.