Kering (OTCMKTS:PPRUY) Upgraded to Strong-Buy at Kepler Capital Markets

Kering (OTCMKTS:PPRUY) was upgraded by analysts at Kepler Capital Markets from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Wednesday,Zacks.com reports.

Several other equities analysts have also weighed in on the company. Berenberg Bank raised Kering to a “hold” rating in a research note on Wednesday, October 30th. JPMorgan Chase & Co. downgraded Kering from a “neutral” rating to an “underweight” rating in a report on Monday, December 2nd. Three equities research analysts have rated the stock with a sell rating, four have issued a hold rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold”.

Kering Stock Down 0.7 %

Shares of OTCMKTS PPRUY opened at $27.97 on Wednesday. The company has a current ratio of 1.38, a quick ratio of 0.87 and a debt-to-equity ratio of 0.70. Kering has a 12 month low of $21.69 and a 12 month high of $47.15. The company has a 50-day simple moving average of $25.81 and a 200-day simple moving average of $25.68.

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.