Kering SA (OTCMKTS:PPRUY) Receives Consensus Recommendation of "Reduce" from Brokerages

Shares of Kering SA (OTCMKTS:PPRUY - Get Free Report) have been given a consensus rating of "Reduce" by the eight ratings firms that are presently covering the company, MarketBeat Ratings reports. Three analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and one has assigned a strong buy recommendation to the company.

PPRUY has been the subject of several analyst reports. Kepler Capital Markets upgraded Kering from a "hold" rating to a "strong-buy" rating in a report on Wednesday, February 26th. JPMorgan Chase & Co. cut shares of Kering from a "neutral" rating to an "underweight" rating in a research report on Monday, December 2nd.

Kering Price Performance

OTCMKTS:PPRUY traded up $0.07 during mid-day trading on Friday, reaching $27.48. The stock had a trading volume of 121,034 shares, compared to its average volume of 263,277. Kering has a one year low of $21.69 and a one year high of $47.15. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.87 and a current ratio of 1.38. The firm has a 50 day moving average price of $26.12 and a two-hundred day moving average price of $25.62.

Kering Cuts Dividend

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