Kering (OTCMKTS:PPRUY) Rating Lowered to Sell at The Goldman Sachs Group

Kering (OTCMKTS:PPRUY) was downgraded by equities research analysts at The Goldman Sachs Group from a “neutral” rating to a “sell” rating in a research note issued to investors on Tuesday, MarketBeat.com reports.

PPRUY has been the topic of a number of other reports. UBS Group downgraded Kering from a “buy” rating to a “neutral” rating in a report on Thursday, July 25th. Barclays reiterated an “underweight” rating on shares of Kering in a research report on Monday, September 9th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating on shares of Kering in a report on Monday, September 9th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, Kering currently has a consensus rating of “Hold”.

Kering Stock Performance

OTCMKTS PPRUY opened at $26.92 on Tuesday. Kering has a twelve month low of $24.43 and a twelve month high of $47.41. The firm has a 50-day simple moving average of $27.79 and a 200 day simple moving average of $33.26. The company has a current ratio of 1.38, a quick ratio of 0.86 and a debt-to-equity ratio of 0.63.

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.