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Kering (OTCMKTS:PPRUY) Reaches New 12-Month Low - Should You Sell?

Kering logo with Retail/Wholesale background

Kering SA (OTCMKTS:PPRUY - Get Free Report) shares reached a new 52-week low during trading on Tuesday . The company traded as low as $23.93 and last traded at $24.00, with a volume of 456097 shares trading hands. The stock had previously closed at $25.00.

Wall Street Analyst Weigh In

PPRUY has been the subject of a number of research analyst reports. Royal Bank of Canada reissued a "sector perform" rating on shares of Kering in a research note on Monday, September 9th. The Goldman Sachs Group lowered Kering from a "neutral" rating to a "sell" rating in a research report on Tuesday, October 1st. Barclays restated an "underweight" rating on shares of Kering in a report on Monday, September 9th. Finally, UBS Group cut shares of Kering from a "buy" rating to a "neutral" rating in a report on Thursday, July 25th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Hold".

Check Out Our Latest Stock Analysis on PPRUY

Kering Stock Down 4.0 %

The company has a fifty day moving average price of $27.13 and a two-hundred day moving average price of $32.39.

Kering Company Profile

(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.

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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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