Kering SA (OTCMKTS:PPRUY) Given Average Rating of “Reduce” by Brokerages

Kering SA (OTCMKTS:PPRUY) has been given an average rating of “Reduce” by the eight ratings firms that are presently covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a sell rating and six have given a hold rating to the company.

A number of equities research analysts have recently commented on the company. Royal Bank of Canada reiterated a “sector perform” rating on shares of Kering in a research note on Monday, September 9th. UBS Group lowered shares of Kering from a “buy” rating to a “neutral” rating in a research report on Thursday, July 25th. The Goldman Sachs Group downgraded shares of Kering from a “neutral” rating to a “sell” rating in a research report on Tuesday, October 1st. Citigroup cut shares of Kering from a “buy” rating to a “neutral” rating in a report on Monday, October 21st. Finally, Berenberg Bank upgraded Kering to a “hold” rating in a research note on Wednesday, October 30th.

Kering Trading Down 1.8 %

Shares of Kering stock opened at $24.74 on Friday. The business’s fifty day simple moving average is $26.03 and its 200 day simple moving average is $30.88. Kering has a 12 month low of $23.90 and a 12 month high of $47.41.

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.