Kering (PPRUY) Stock Forecast & Price Target

$25.84

-1.13 (-4.19%)

(As of 10/8/2024 ET)

Kering - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Reduce

Based on 7 Analyst Ratings

Sell
2

Hold
4

Buy
1

Based on 7 Wall Street analysts who have issued ratings for Kering in the last 12 months, the stock has a consensus rating of "Reduce." Out of the 7 analysts, 2 have given a sell rating, 4 have given a hold rating, and 1 has given a buy rating for PPRUY.

Consensus Price Target

N/A

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PPRUY Analyst Ratings Over Time

Type	Current Forecast 10/9/23 to 10/8/24	1 Month Ago 9/9/23 to 9/8/24	3 Months Ago 7/11/23 to 7/10/24	1 Year Ago 10/9/22 to 10/9/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	1 Buy rating(s)	2 Buy rating(s)	3 Buy rating(s)	2 Buy rating(s)
Hold	4 Hold rating(s)	6 Hold rating(s)	5 Hold rating(s)	5 Hold rating(s)
Sell	2 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	N/A	N/A	N/A	N/A
Forecasted Upside	N/A	N/A	N/A	N/A
Consensus Rating	Reduce	Hold	Hold	Hold

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PPRUY Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

PPRUY Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Kering Stock vs. The Competition

Type	Kering	Retail/Wholesale Companies	S&P 500
Consensus Rating Score	1.86	2.51	2.50
Consensus Rating	Reduce	Moderate Buy	Hold
Predicted Upside	N/A	42.37% Upside	7.87% Upside
News Sentiment Rating	Neutral News See Recent PPRUY News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target
10/1/2024	The Goldman Sachs Group 2 of 5 stars	L. Singlehurst Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Neutral ➝ Sell
9/9/2024	Barclays 3 of 5 stars	C. Madjo Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Equal Weight ➝ Underweight
9/9/2024	Royal Bank of Canada 4 of 5 stars	P. Dadhania Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform ➝ Sector Perform
7/25/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral
12/7/2023	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Neutral
11/29/2023	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold
11/3/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy
10/4/2023	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Market Perform
9/25/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Neutral ➝ Underperform
9/20/2023	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold
9/14/2023	CLSA Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform
7/19/2023	Societe Generale Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy
6/29/2023	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold
12/15/2022	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	€690.00 ➝ €620.00

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 07:21 PM ET.

Should I Buy Kering Stock? PPRUY Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, September 30, 2024. Please send any questions or comments about these Kering pros and cons to contact@marketbeat.com.

Kering
Bull Case

Here are some ways that investors could benefit from investing in Kering SA:

Kering SA's stock price has recently hit a new 52-week low, potentially presenting a buying opportunity for investors looking to enter at a lower price point.
The company has a current ratio of 1.38, indicating a healthy balance between its current assets and liabilities, which can be reassuring for investors concerned about short-term liquidity.
Kering SA's diverse portfolio of renowned fashion, leather goods, and jewelry brands across various regions provides a level of geographical diversification that can help mitigate risks associated with regional economic fluctuations.
With a debt-to-equity ratio of 0.63, Kering SA maintains a relatively conservative capital structure, which may appeal to investors seeking companies with lower financial leverage.
Despite recent challenges, Kering SA continues to offer a range of ready-to-wear products for both men and women, catering to a broad consumer base and potentially supporting revenue growth in the long term.

Kering
Bear Case

Investors should be bearish about investing in Kering SA for these reasons:

Recent reports from analysts have indicated a downward trend in Kering SA's stock performance, with price targets being revised lower, suggesting potential challenges ahead for the company.
Several research firms have issued sell ratings on Kering SA's stock, reflecting concerns about the company's current financial outlook and market position.
The company's stock has experienced a decline of 0.9% recently, indicating a lack of positive momentum that may deter short-term investors seeking rapid capital appreciation.
With a 200-day simple moving average of $35.32, Kering SA's stock price has been trending below this level, signaling a potential resistance point that could limit upward price movements in the near term.
Given the current economic uncertainties and market volatility, investing in a company like Kering SA, which operates in the luxury goods sector, may face challenges due to changing consumer preferences and spending patterns.

PPRUY Forecast - Frequently Asked Questions

: 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kering in the last year. There are currently 2 sell ratings, 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "reduce" PPRUY shares.
: According to analysts, Kering's stock has a predicted downside of -100.00% based on their 12-month stock forecasts.
: Over the previous 90 days, Kering's stock had 2 downgrades by analysts.
: Kering has been rated by research analysts at Barclays, Royal Bank of Canada, The Goldman Sachs Group, and UBS Group in the past 90 days.
: Analysts like Kering less than other "retail/wholesale" companies. The consensus rating for Kering is Reduce while the average consensus rating for "retail/wholesale" companies is Moderate Buy. Learn more on how PPRUY compares to other companies.

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This page (OTCMKTS:PPRUY) was last updated on 10/8/2024 by MarketBeat.com Staff

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