Shares of Kering SA (OTCMKTS:PPRUY – Get Free Report) saw an uptick in trading volume on Monday . Approximately 325,331 shares traded hands during mid-day trading, an increase of 61% from the previous session’s volume of 201,815 shares.The stock last traded at $30.51 and had previously closed at $31.73.
Analyst Ratings Changes
PPRUY has been the topic of a number of recent analyst reports. HSBC lowered Kering from a “buy” rating to a “hold” rating in a report on Tuesday, April 21st. Zacks Research raised Kering from a “strong sell” rating to a “hold” rating in a research report on Monday, May 25th. TD Cowen reiterated a “buy” rating on shares of Kering in a research note on Thursday, April 9th. Sanford C. Bernstein raised shares of Kering from a “strong sell” rating to a “hold” rating in a report on Wednesday, March 4th. Finally, Barclays upgraded shares of Kering from a “strong sell” rating to a “hold” rating in a research report on Monday, May 11th. Two research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold”.
View Our Latest Stock Analysis on PPRUY
Kering Trading Down 4.2%
About Kering
Kering is a global luxury goods group headquartered in Paris that designs, produces and distributes high-end fashion, leather goods, jewelry and watches. The company owns and manages a portfolio of well-known maisons — including Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen and several specialist jewelry and watchmakers — and supports those brands with centralized services for sourcing, manufacturing oversight, distribution and retail operations.
Originally part of a broader retail conglomerate, the group repositioned itself over the past two decades as a focused luxury house and adopted the Kering name in the 2010s.
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