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

Shares of Kering SA (OTCMKTS:PPRUY - Get Free Report) have been given a consensus rating of "Reduce" by the nine brokerages that are presently covering the firm, Marketbeat.com reports. Three equities research analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and one has issued a strong buy recommendation on the company.

A number of equities analysts have commented on PPRUY shares. Kepler Capital Markets raised 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 research note on Thursday, April 24th.

Kering Stock Down 0.4 %

Kering stock traded down $0.09 during mid-day trading on Friday, reaching $20.27. 248,177 shares of the company were exchanged, compared to its average volume of 397,843. The company has a quick ratio of 0.87, a current ratio of 1.38 and a debt-to-equity ratio of 0.70. The firm's 50-day simple moving average is $22.29 and its two-hundred day simple moving average is $23.99. Kering has a twelve month low of $17.02 and a twelve month high of $37.19.

Kering Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, May 22nd. Stockholders of record on Monday, May 5th will be issued a dividend of $0.3048 per share. This represents a dividend yield of 2.11%. The ex-dividend date of this dividend is 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.