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

Kering SA (OTCMKTS:PPRUY) has earned a consensus rating of “Reduce” from the seven analysts that are currently covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company.

Several research analysts have recently issued reports on the stock. Royal Bank of Canada reiterated a “sector perform” rating on shares of Kering in a report on Monday, September 9th. The Goldman Sachs Group cut Kering from a “neutral” rating to a “sell” rating in a report on Tuesday, October 1st. UBS Group lowered Kering from a “buy” rating to a “neutral” rating in a research note on Thursday, July 25th. Finally, Barclays reaffirmed an “underweight” rating on shares of Kering in a research note on Monday, September 9th.

Kering Stock Up 0.5 %

Shares of PPRUY stock opened at $26.30 on Tuesday. Kering has a fifty-two week low of $24.43 and a fifty-two week high of $47.41. The stock’s fifty day moving average price is $27.35 and its two-hundred day moving average price is $32.72.

About Kering

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.