Kering SA (OTCMKTS:PPRUY) Given Consensus Rating of “Reduce” by Analysts

Kering SA (OTCMKTS:PPRUY) has earned a consensus recommendation of “Reduce” from the seven brokerages that are presently covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating and five have issued a hold rating on the company.

Several research firms recently commented on PPRUY. Citigroup cut Kering from a “buy” rating to a “neutral” rating in a research report on Monday, October 21st. Royal Bank of Canada reaffirmed a “sector perform” rating on shares of Kering in a report on Monday, September 9th. Berenberg Bank raised Kering to a “hold” rating in a report on Wednesday, October 30th. Barclays reissued an “underweight” rating on shares of Kering in a research note on Monday, September 9th. Finally, The Goldman Sachs Group cut Kering from a “neutral” rating to a “sell” rating in a research report on Tuesday, October 1st.

Kering Price Performance

OTCMKTS PPRUY opened at $23.32 on Wednesday. Kering has a 12 month low of $21.69 and a 12 month high of $47.41. The stock’s fifty day moving average price is $24.92 and its 200-day moving average price is $29.47.

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.