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

Kering SA (OTCMKTS:PPRUY) has earned an average recommendation of “Reduce” from the eight research firms that are presently covering the stock, MarketBeat.com reports. Three investment analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and one has issued a strong buy recommendation on the company.

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

Kering Trading Down 2.4 %

Shares of OTCMKTS PPRUY opened at $27.59 on Friday. The company has a 50 day simple moving average of $26.07 and a 200 day simple moving average of $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 has a 1 year low of $21.69 and a 1 year high of $47.15.

Kering Cuts Dividend

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

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.