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

Kering SA (OTCMKTS:PPRUY) has earned an average rating of “Reduce” from the seven research firms that are presently covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating and five have assigned a hold rating to the company.

PPRUY has been the topic of several analyst reports. The Goldman Sachs Group lowered Kering from a “neutral” rating to a “sell” rating in a report on Tuesday, October 1st. Barclays reiterated an “underweight” rating on shares of Kering in a research note on Monday, September 9th. Berenberg Bank raised shares of Kering to a “hold” rating in a research note on Wednesday, October 30th. Citigroup lowered shares of Kering from a “buy” rating to a “neutral” rating in a research report on Monday, October 21st. Finally, Royal Bank of Canada reiterated a “sector perform” rating on shares of Kering in a research note on Monday, September 9th.

Kering Price Performance

Shares of OTCMKTS:PPRUY opened at $23.32 on Wednesday. The company’s 50-day moving average price is $24.92 and its two-hundred day moving average price is $29.36. Kering has a one year low of $21.69 and a one year high of $47.41.

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.