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

Kering SA (OTCMKTS:PPRUY - Get Free Report) has earned a consensus rating of "Reduce" from the nine brokerages that are currently covering the company, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has assigned a strong buy rating to the company.

A number of research firms have recently issued reports on PPRUY. Kepler Capital Markets raised Kering from a "hold" rating to a "strong-buy" rating in a report on Wednesday, February 26th. Deutsche Bank Aktiengesellschaft reissued a "hold" rating on shares of Kering in a research report on Thursday, April 24th.

Kering Price Performance

PPRUY traded down $1.17 on Friday, hitting $21.15. 578,571 shares of the company were exchanged, compared to its average volume of 291,025. The firm has a 50-day moving average price of $19.77 and a two-hundred day moving average price of $23.05. Kering has a twelve month low of $17.02 and a twelve month high of $37.19. The company has a current ratio of 1.11, a quick ratio of 0.69 and a debt-to-equity ratio of 0.67.

Kering Increases Dividend

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

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.