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

Shares of Kering SA (OTCMKTS:PPRUY) have received an average rating of “Reduce” from the seven research firms that are currently covering the company, Marketbeat.com reports. Three research analysts have rated the stock with a sell recommendation and four have given a hold recommendation to the company.

PPRUY has been the topic of several recent research reports. Berenberg Bank raised shares of Kering to a “hold” rating in a report on Wednesday, October 30th. JPMorgan Chase & Co. downgraded shares of Kering from a “neutral” rating to an “underweight” rating in a research report on Monday, December 2nd. Finally, Citigroup downgraded shares of Kering from a “buy” rating to a “neutral” rating in a research report on Monday, October 21st.

Kering Price Performance

OTCMKTS PPRUY opened at $27.84 on Monday. The firm’s fifty day simple moving average is $24.85 and its two-hundred day simple moving average is $25.68. The company has a quick ratio of 0.87, a current ratio of 1.38 and a debt-to-equity ratio of 0.70. Kering has a 12-month low of $21.69 and a 12-month high of $47.41.

Kering Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, January 31st. Stockholders of record on Monday, January 13th were paid a $0.2097 dividend. The ex-dividend date of this dividend was 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.