Kering SA (OTCMKTS:PPRUY) Given Average Recommendation of “Reduce” by Analysts

Shares of Kering SA (OTCMKTS:PPRUY) have earned an average recommendation of “Reduce” from the seven brokerages that are covering the company, Marketbeat Ratings reports. Three investment analysts have rated the stock with a sell rating and four have assigned a hold rating to the company.

Several equities analysts have recently commented on PPRUY shares. Berenberg Bank upgraded Kering to a “hold” rating in a research report on Wednesday, October 30th. JPMorgan Chase & Co. cut shares of Kering from a “neutral” rating to an “underweight” rating in a research report on Monday, December 2nd. The Goldman Sachs Group lowered shares of Kering from a “neutral” rating to a “sell” rating in a report on Tuesday, October 1st. Finally, Citigroup lowered shares of Kering from a “buy” rating to a “neutral” rating in a report on Monday, October 21st.

Kering Price Performance

PPRUY opened at $24.97 on Thursday. The business’s fifty day simple moving average is $23.86 and its 200 day simple moving average is $26.82. Kering has a 52 week low of $21.69 and a 52 week high of $47.41.

Kering Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, January 31st. Shareholders of record on Monday, January 13th will be given a $0.2097 dividend. The ex-dividend date is 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.