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Kering (OTCMKTS:PPRUY) Upgraded at Hsbc Global Res

Kering logo with Retail/Wholesale background

Key Points

  • Kering has been upgraded to a "strong-buy" rating by HSBC Global Research, highlighting positive market sentiment towards the company.
  • Currently, Kering has a mixed consensus rating with two analysts rating it as Strong Buy, while others have given Hold and Sell ratings.
  • The stock is trading at $27.58 and has experienced significant price fluctuations over the past year, with a low of $17.02 and a high of $29.81.
  • MarketBeat previews top five stocks to own in October.

Kering (OTCMKTS:PPRUY - Get Free Report) was upgraded by analysts at Hsbc Global Res to a "strong-buy" rating in a research note issued on Tuesday,Zacks.com reports.

Separately, HSBC upgraded Kering to a "buy" rating in a research note on Tuesday, September 2nd. Two analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of "Hold".

Check Out Our Latest Analysis on Kering

Kering Price Performance

PPRUY traded up $0.22 on Tuesday, hitting $28.05. The company had a trading volume of 148,942 shares, compared to its average volume of 314,395. The company has a quick ratio of 0.69, a current ratio of 1.11 and a debt-to-equity ratio of 0.67. The company's fifty day moving average price is $24.79 and its 200 day moving average price is $22.61. Kering has a 1 year low of $17.02 and a 1 year high of $29.81.

About Kering

(Get Free Report)

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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Analyst Recommendations for Kering (OTCMKTS:PPRUY)

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