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Kering (OTCMKTS:PPRUY) Reaches New 1-Year Low - What's Next?

Kering logo with Retail/Wholesale background

Shares of Kering SA (OTCMKTS:PPRUY - Get Free Report) reached a new 52-week low during trading on Friday . The stock traded as low as $23.60 and last traded at $23.81, with a volume of 274476 shares trading hands. The stock had previously closed at $26.06.

Analyst Ratings Changes

Several brokerages recently issued reports on PPRUY. Berenberg Bank raised shares of Kering to a "hold" rating in a report on Wednesday, October 30th. Barclays restated 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 report on Monday, September 9th. UBS Group cut shares of Kering from a "buy" rating to a "neutral" rating in a research note on Thursday, July 25th. Finally, The Goldman Sachs Group lowered shares of Kering from a "neutral" rating to a "sell" rating in a report on Tuesday, October 1st. Two analysts have rated the stock with a sell rating and six have assigned a hold rating to the company's stock. According to MarketBeat.com, Kering has an average rating of "Hold".

View Our Latest Report on Kering

Kering Stock Down 8.6 %

The firm's fifty day moving average is $26.03 and its 200 day moving average is $30.88.

About Kering

(Get Free Report)

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.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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