Kering SA (OTCMKTS:PPRUY - Get Free Report)'s share price hit a new 52-week low on Wednesday . The company traded as low as $23.90 and last traded at $24.61, with a volume of 378574 shares traded. The stock had previously closed at $25.34.
Wall Street Analyst Weigh In
A number of equities research analysts have recently commented on the company. Barclays restated an "underweight" rating on shares of Kering in a research report on Monday, September 9th. UBS Group cut Kering from a "buy" rating to a "neutral" rating in a research report on Thursday, July 25th. The Goldman Sachs Group downgraded Kering from a "neutral" rating to a "sell" rating in a research note on Tuesday, October 1st. Royal Bank of Canada reissued a "sector perform" rating on shares of Kering in a report on Monday, September 9th. Finally, Citigroup downgraded shares of Kering from a "buy" rating to a "neutral" rating in a report on Monday. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold".
Read Our Latest Analysis on PPRUY
Kering Stock Performance
The company has a 50-day moving average of $26.73 and a 200 day moving average of $31.73.
About Kering
(
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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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