Kering SA (OTCMKTS:PPRUY) Receives Consensus Recommendation of “Reduce” from Brokerages

Shares of Kering SA (OTCMKTS:PPRUY) have been given an average rating of “Reduce” by the eight brokerages that are covering the company, MarketBeat Ratings reports. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating and one has assigned a strong buy rating to the company.

A number of research analysts have recently commented on the company. JPMorgan Chase & Co. cut Kering from a “neutral” rating to an “underweight” rating in a research report on Monday, December 2nd. Kepler Capital Markets raised shares of Kering from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 26th.

Kering Price Performance

PPRUY opened at $27.59 on Friday. Kering has a twelve month low of $21.69 and a twelve month high of $47.15. The company’s 50-day moving average price is $26.07 and its two-hundred day moving average price is $25.67. The company has a current ratio of 1.38, a quick ratio of 0.87 and a debt-to-equity ratio of 0.70.

Kering Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, January 31st. Investors of record on Monday, January 13th were paid a dividend of $0.2097 per share. The ex-dividend date of this dividend was Monday, January 13th.

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.