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

Shares of Kering SA (OTCMKTS:PPRUY - Get Free Report) have received an average recommendation of "Reduce" from the nine research firms that are covering the company, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and one has assigned a buy recommendation to the company.

Several equities research analysts have recently issued reports on PPRUY shares. UBS Group downgraded shares of Kering from a "buy" rating to a "neutral" rating in a research report on Thursday, July 25th. The Goldman Sachs Group lowered Kering from a "neutral" rating to a "sell" rating in a research report on Tuesday, October 1st. Berenberg Bank raised Kering to a "hold" rating in a research report on Wednesday. Barclays reiterated an "underweight" rating on shares of Kering in a report on Monday, September 9th. Finally, Royal Bank of Canada restated a "sector perform" rating on shares of Kering in a report on Monday, September 9th.

Kering Trading Up 0.3 %

PPRUY traded up $0.08 during mid-day trading on Friday, hitting $24.90. The stock had a trading volume of 227,793 shares, compared to its average volume of 596,405. Kering has a 1-year low of $23.90 and a 1-year high of $47.41. The stock's fifty day simple moving average is $26.25 and its 200-day simple moving average is $31.11.

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.