Kering (OTCMKTS:PPRUY) Stock Rating Lowered by Citigroup

Kering (OTCMKTS:PPRUY) was downgraded by Citigroup from a “buy” rating to a “neutral” rating in a research note issued on Monday, Briefing.com reports.

Several other analysts also recently commented on the company. UBS Group downgraded Kering from a “buy” rating to a “neutral” rating in a research note on Thursday, July 25th. Barclays reissued an “underweight” rating on shares of Kering in a research note on Monday, September 9th. Royal Bank of Canada restated a “sector perform” rating on shares of Kering in a report on Monday, September 9th. Finally, The Goldman Sachs Group cut Kering from a “neutral” rating to a “sell” rating in a report on Tuesday, October 1st. Two analysts have rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, Kering currently has an average rating of “Hold”.

Kering Stock Performance

OTCMKTS:PPRUY opened at $25.80 on Monday. Kering has a 12 month low of $23.93 and a 12 month high of $47.41. The firm has a fifty day simple moving average of $26.88 and a two-hundred day simple moving average of $31.98.

Kering Company Profile

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.