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

Shares of Kering SA (OTCMKTS:PPRUY - Get Free Report) have received an average recommendation of "Reduce" from the nine ratings firms that are currently covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a sell rating, five have given a hold rating and one has given a strong buy rating to the company.

PPRUY has been the topic of several analyst reports. Kepler Capital Markets upgraded shares of Kering from a "hold" rating to a "strong-buy" rating in a report on Wednesday, February 26th. Deutsche Bank Aktiengesellschaft restated a "hold" rating on shares of Kering in a report on Thursday, April 24th.

Kering Stock Down 2.5%

Kering stock traded down $0.52 during midday trading on Friday, hitting $20.63. 279,892 shares of the stock were exchanged, compared to its average volume of 334,586. Kering has a 52-week low of $17.02 and a 52-week high of $37.19. The business's 50-day moving average price is $19.88 and its 200-day moving average price is $23.02. The company has a quick ratio of 0.69, a current ratio of 1.11 and a debt-to-equity ratio of 0.67.

Kering Increases Dividend

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

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.