Kering SA (OTCMKTS:PPRUY) Receives Consensus Rating of “Reduce” from Brokerages

Shares of Kering SA (OTCMKTS:PPRUY) have earned a consensus rating of “Reduce” from the seven ratings firms that are presently covering the company, MarketBeat Ratings reports. Three analysts have rated the stock with a sell rating and four have assigned a hold rating to the company.

PPRUY has been the topic of a number of research analyst reports. The Goldman Sachs Group lowered shares of Kering from a “neutral” rating to a “sell” rating in a report on Tuesday, October 1st. Barclays restated an “underweight” rating on shares of Kering in a report on Monday, September 9th. Royal Bank of Canada reiterated a “sector perform” rating on shares of Kering in a report on Monday, September 9th. Citigroup downgraded Kering from a “buy” rating to a “neutral” rating in a research report on Monday, October 21st. Finally, JPMorgan Chase & Co. downgraded Kering from a “neutral” rating to an “underweight” rating in a report on Monday, December 2nd.

Kering Stock Up 0.0 %

PPRUY opened at $24.61 on Friday. Kering has a 52 week low of $21.69 and a 52 week high of $47.41. The business’s fifty day simple moving average is $24.28 and its 200 day simple moving average is $28.12.

Kering Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, January 31st. Shareholders of record on Monday, January 13th will be issued a $0.2097 dividend. The ex-dividend date is Monday, January 13th.

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.