Kering (OTCMKTS:PPRUY) Upgraded at Berenberg Bank

Berenberg Bank upgraded shares of Kering (OTCMKTS:PPRUY) to a hold rating in a research report released on Wednesday, Zacks.com reports.

Other equities analysts have also issued reports about the company. Barclays reiterated an “underweight” rating on shares of Kering in a research note on Monday, September 9th. Royal Bank of Canada reiterated a “sector perform” rating on shares of Kering in a research note on Monday, September 9th. UBS Group lowered Kering from a “buy” rating to a “neutral” rating in a research note on Thursday, July 25th. Citigroup lowered Kering from a “buy” rating to a “neutral” rating in a research note on Monday, October 21st. Finally, The Goldman Sachs Group lowered Kering from a “neutral” rating to a “sell” rating in a research note on Tuesday, October 1st. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold”.

Kering Trading Up 0.3 %

Kering stock opened at $24.90 on Wednesday. The business’s 50-day simple moving average is $26.25 and its 200-day simple moving average is $31.15. Kering has a 52 week low of $23.90 and a 52 week 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.