Kering (OTCMKTS:PPRUY) Lowered to Sell at The Goldman Sachs Group

The Goldman Sachs Group downgraded shares of Kering (OTCMKTS:PPRUY) from a neutral rating to a sell rating in a research note released on Tuesday morning, Marketbeat.com reports.

Other analysts also recently issued reports about the company. UBS Group downgraded Kering from a buy rating to a neutral rating in a research note on Thursday, July 25th. Royal Bank of Canada reaffirmed a sector perform rating on shares of Kering in a research report on Monday, September 9th. Finally, Barclays restated an underweight rating on shares of Kering in a research report on Monday, September 9th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of Hold.

Kering Trading Up 0.0 %

Shares of Kering stock opened at $26.15 on Tuesday. Kering has a 1 year low of $24.43 and a 1 year high of $47.41. The business has a fifty day simple moving average of $27.62 and a two-hundred day simple moving average of $33.07. The company has a quick ratio of 0.86, a current ratio of 1.38 and a debt-to-equity ratio of 0.63.

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.