Kering SA (OTCMKTS:PPRUY) Receives Average Recommendation of “Reduce” from Analysts

Shares of Kering SA (OTCMKTS:PPRUY) have received a consensus recommendation of “Reduce” from the nine brokerages that are presently covering the company, MarketBeat reports. Three equities research analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and one has assigned a strong buy recommendation to the company.

Several equities research analysts recently issued reports on PPRUY shares. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Kering in a research note on Thursday, April 24th. Kepler Capital Markets upgraded Kering from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 26th.

Kering Stock Down 0.4 %

OTCMKTS PPRUY opened at $20.27 on Friday. 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 $17.02 and a 12-month high of $37.19. The company has a 50 day moving average price of $22.29 and a two-hundred day moving average price of $23.99.

Kering Increases Dividend

The company also recently declared a dividend, which will be paid on Thursday, May 22nd. Shareholders of record on Monday, May 5th will be issued a dividend of $0.3048 per share. This represents a yield of 2.11%. This is a boost from Kering’s previous dividend of $0.21. The ex-dividend date is Friday, May 2nd.

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.