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


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

Shares of Kering SA (OTCMKTS:PPRUY - Get Free Report) have received a consensus rating of "Reduce" from the seven analysts that are covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a sell rating and four have given a hold rating to the company.

A number of equities research analysts recently weighed in on PPRUY shares. Citigroup downgraded Kering from a "buy" rating to a "neutral" rating in a research report on Monday, October 21st. Barclays reaffirmed an "underweight" rating on shares of Kering in a research report on Monday, September 9th. Royal Bank of Canada reissued a "sector perform" rating on shares of Kering in a research report on Monday, September 9th. Berenberg Bank raised shares of Kering to a "hold" rating in a report on Wednesday, October 30th. Finally, JPMorgan Chase & Co. lowered Kering from a "neutral" rating to an "underweight" rating in a report on Monday, December 2nd.

Read Our Latest Research Report on PPRUY

OTCMKTS PPRUY opened at $24.25 on Friday. Kering has a one year low of $21.69 and a one year high of $47.41. The company's 50-day simple moving average is $24.29 and its two-hundred day simple moving average is $28.24.

The business also recently declared a dividend, which will be paid on Friday, January 31st. Shareholders of record on Monday, January 13th will be given a dividend of $0.2097 per share. The ex-dividend date of this dividend is Monday, January 13th.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].

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MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Kering wasn't on the list.

While Kering currently has a "Reduce" rating among analysts, top-rated analysts believe these five stocks are better buys.

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