Citigroup downgraded shares of Kering (OTCMKTS:PPRUY – Free Report) from a buy rating to a neutral rating in a research report sent to investors on Monday morning, MarketBeat.com reports.
A number of other brokerages also recently commented on PPRUY. Royal Bank of Canada restated a “sector perform” rating on shares of Kering in a research note on Monday, September 9th. The Goldman Sachs Group cut Kering from a “neutral” rating to a “sell” rating in a research note on Tuesday, October 1st. Barclays reaffirmed an “underweight” rating on shares of Kering in a research report on Monday, September 9th. Finally, UBS Group downgraded Kering from a “buy” rating to a “neutral” rating in a research report on Thursday, July 25th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold”.
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Kering Price Performance
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.
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