TD Cowen Initiates Coverage on Kering (OTCMKTS:PPRUY)

Analysts at TD Cowen started coverage on shares of Kering (OTCMKTS:PPRUY – Get Free Report) in a note issued to investors on Friday, Zacks reports. The firm set a “hold” rating on the stock.

Other research analysts have also issued reports about the stock. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Kering in a research note on Wednesday, August 12th. The Goldman Sachs Group initiated coverage on shares of Kering in a research note on Sunday, October 4th. They issued a “neutral” rating for the company. Zacks Research raised shares of Kering from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 12th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Kering in a report on Wednesday, July 29th. Finally, Citigroup reissued a “neutral” rating on shares of Kering in a research report on Monday, August 17th. Two investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold”.

View Our Latest Stock Analysis on Kering

Kering Price Performance

Kering stock opened at $19.72 on Friday. Kering has a 52-week low of $19.53 and a 52-week high of $37.68. The stock’s 50 day moving average price is $25.41 and its two-hundred day moving average price is $29.01. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.57 and a current ratio of 2.05.

Kering Company Profile

(Get Free Report)

Kering is a France-based global luxury goods group that develops, manages and distributes fashion, leather goods, jewelry, watches, eyewear and beauty products through a portfolio of luxury houses. Its brands serve customers through directly operated stores, e-commerce platforms, wholesale partners and other distribution channels across major markets worldwide, including Europe, North America and Asia-Pacific.

The group’s principal houses include Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, DoDo and Ginori 1735.

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Analyst Recommendations for Kering (OTCMKTS:PPRUY)

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