Kering SA (OTCMKTS:PPRUY) Given Average Recommendation of "Reduce" by Brokerages

Kering SA (OTCMKTS:PPRUY - Get Free Report) has been given an average recommendation of "Reduce" by the nine analysts that are covering the stock, Marketbeat reports. Three equities research analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and one has assigned a strong buy recommendation to the company.

Several brokerages recently commented on PPRUY. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating on shares of Kering in a research note on Thursday, April 24th. Kepler Capital Markets upgraded shares of Kering from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, February 26th.

Kering Stock Performance

Shares of OTCMKTS:PPRUY opened at $20.59 on Wednesday. The company has a 50 day moving average of $20.19 and a 200 day moving average of $23.51. Kering has a 12 month low of $17.02 and a 12 month high of $37.19. The company has a quick ratio of 0.87, a current ratio of 1.38 and a debt-to-equity ratio of 0.70.

Kering Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, May 22nd. Stockholders of record on Monday, May 5th will be issued a $0.3048 dividend. This represents a dividend yield of 2.11%. This is a positive change from Kering's previous dividend of $0.21. The ex-dividend date is Friday, May 2nd.

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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