Kering SA (OTCMKTS:PPRUY) Receives Average Recommendation of “Reduce” from Analysts

Shares of Kering SA (OTCMKTS:PPRUY) have been given a consensus recommendation of “Reduce” by the eight brokerages that are covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating and six have given a hold rating to the company.

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

Kering Stock Performance

Shares of PPRUY stock opened at $25.37 on Friday. Kering has a 1 year low of $23.90 and a 1 year high of $47.41. The stock’s 50 day simple moving average is $26.18 and its two-hundred day simple moving average is $31.00.

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.