Barclays Reaffirms “Underweight” Rating for Kering (OTCMKTS:PPRUY)

Barclays reaffirmed their underweight rating on shares of Kering (OTCMKTS:PPRUY) in a research report report published on Monday, MarketBeat Ratings reports.

A number of other research firms also recently issued reports on PPRUY. Royal Bank of Canada reaffirmed a sector perform rating on shares of Kering in a research report on Monday. UBS Group lowered 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, seven have given a hold rating and two have issued a buy rating to the stock. According to MarketBeat, the company has a consensus rating of Hold.

Kering Price Performance

Shares of PPRUY stock opened at $25.66 on Monday. The firm’s fifty day moving average price is $30.36 and its two-hundred day moving average price is $35.32. The company has a current ratio of 1.38, a quick ratio of 0.86 and a debt-to-equity ratio of 0.63. Kering has a 1 year low of $24.89 and a 1 year high of $50.33.

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.