Kering SA (OTCMKTS:PPRUY) Receives Consensus Rating of "Reduce" from Analysts

Shares of Kering SA (OTCMKTS:PPRUY - Get Free Report) have been given a consensus recommendation of "Reduce" by the seven ratings firms that are covering the company, Marketbeat reports. Three equities research analysts have rated the stock with a sell recommendation and four have given a hold recommendation to the company.

Several equities research analysts recently weighed in on the company. Berenberg Bank upgraded Kering to a "hold" rating in a research report on Wednesday, October 30th. JPMorgan Chase & Co. downgraded Kering from a "neutral" rating to an "underweight" rating in a report on Monday, December 2nd. Finally, Citigroup downgraded Kering from a "buy" rating to a "neutral" rating in a report on Monday, October 21st.

Kering Stock Up 3.2 %

Shares of OTCMKTS PPRUY traded up $0.90 during mid-day trading on Monday, hitting $28.74. 155,236 shares of the stock traded hands, compared to its average volume of 300,346. The company has a current ratio of 1.38, a quick ratio of 0.87 and a debt-to-equity ratio of 0.70. Kering has a 52 week low of $21.69 and a 52 week high of $47.41. The stock has a fifty day moving average price of $24.94 and a 200-day moving average price of $25.70.

Kering Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, January 31st. Shareholders of record on Monday, January 13th were issued a $0.2097 dividend. The ex-dividend date was Monday, January 13th.

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.