Kering (OTCMKTS:PPRUY) Now Covered by CLSA

Research analysts at CLSA began coverage on shares of Kering (OTCMKTS:PPRUY) in a report released on Thursday, FlyOnTheWall reports. The firm set an “outperform” rating on the stock.

PPRUY has been the topic of several other research reports. Societe Generale upgraded Kering from a “hold” rating to a “buy” rating in a research note on Wednesday, July 19th. HSBC downgraded Kering from a “buy” rating to a “hold” rating in a research note on Thursday, June 29th. Five investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $620.00.

Kering Stock Performance

Shares of PPRUY stock traded down $0.39 during midday trading on Thursday, reaching $49.30. 175,895 shares of the stock were exchanged, compared to its average volume of 140,157. The company has a quick ratio of 0.86, a current ratio of 1.46 and a debt-to-equity ratio of 0.35. The company’s 50 day moving average is $54.97 and its two-hundred day moving average is $57.79. Kering has a 1 year low of $41.30 and a 1 year high of $65.70.

About Kering

Kering SA offers ready-to-wear products apparel and accessories for men and women in France, the Asia-Pacific, Western Europe, North America, Japan, and internationally. It also offers leather goods and shoes; watches and jewelry; eyewear products; and fragrances and cosmetics. The company provides Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, DoDo, Qeelin, and Kering Eyewear brands.