Zacks Investment Research downgraded shares of KERING S A/ADR (OTCMKTS:PPRUY) from a buy rating to a hold rating in a research note released on Thursday morning, Zacks.com reports.
According to Zacks, “Kering is involved in the design, manufacture and distribution of apparel and accessories. It operates through two segments: Luxury segment and Sport and Lifestyle segment. The company’s product include handbags, small leather goods, luggage, shoes, men and women’s ready-to-wear, silks, watches, fine jewellery, eyewear, lingerie, fragrances and cosmetics, furniture, kids wear, T-shirts, track jackets, bags, board shorts, polo shirts, denim, swim, outerwear, and sandals; footwear; sunglasses, snow goggles, backpacks, luggage, and accessories. Its brand name consists of Puma, Volcom, Cobra, Electric, Tretorn, Gucci, Bottega Veneta, Yves Saint Laurent, Alexander McQueen, Balenciaga, Brioni, Christopher Kane, Qeelin, Stella McCartney, Sergio Rossi, Boucheron, Girard-Perregaux, and JeanRichard. Kering is headquartered in Paris, France. “
Other equities research analysts have also issued reports about the stock. UBS Group raised shares of KERING S A/ADR from a neutral rating to a buy rating in a report on Wednesday, September 18th. ValuEngine lowered shares of KERING S A/ADR from a sell rating to a strong sell rating in a report on Tuesday, January 14th. Sanford C. Bernstein lowered shares of KERING S A/ADR from an outperform rating to a market perform rating in a report on Wednesday, January 8th. Finally, BNP Paribas raised shares of KERING S A/ADR from a neutral rating to an outperform rating in a report on Tuesday, November 12th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company. KERING S A/ADR has a consensus rating of Hold and a consensus price target of $74.00.
PPRUY opened at $67.84 on Thursday. The company has a fifty day simple moving average of $63.78 and a 200 day simple moving average of $56.12. The firm has a market cap of $85.18 billion, a price-to-earnings ratio of 25.70, a PEG ratio of 2.22 and a beta of 0.99. KERING S A/ADR has a twelve month low of $45.87 and a twelve month high of $67.85.
KERING S A/ADR Company Profile
Kering SA develops, designs, manufactures, markets, and sells apparel and accessories worldwide. The company offers shoes; leather goods, including handbags and wallets, and other leather products; eyewear and textile accessories; jewelry and watches; and T-shirts, sweatshirts, polo shirts, etc., as well as ready-to-wear products for men and women.
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