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

Kering SA (OTCMKTS:PPRUY) has been given an average recommendation of “Reduce” by the seven research firms that are covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company.

Several equities analysts recently commented on PPRUY shares. The Goldman Sachs Group cut Kering from a “neutral” rating to a “sell” rating in a research report on Tuesday, October 1st. Barclays restated an “underweight” rating on shares of Kering in a research report on Monday, September 9th. Royal Bank of Canada reiterated a “sector perform” rating on shares of Kering in a research report on Monday, September 9th. Finally, UBS Group lowered shares of Kering from a “buy” rating to a “neutral” rating in a report on Thursday, July 25th.

Kering Stock Down 0.8 %

PPRUY opened at $26.09 on Tuesday. Kering has a 12 month low of $24.43 and a 12 month high of $47.41. The company has a 50 day moving average of $27.21 and a 200 day moving average of $32.55.

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.