BNP Paribas Upgrades KERING S A/ADR (OTCMKTS:PPRUY) to “Outperform”

KERING S A/ADR (OTCMKTS:PPRUY) was upgraded by stock analysts at BNP Paribas from a “neutral” rating to an “outperform” rating in a research report issued on Tuesday, Briefing.com Automated Import reports.

Several other equities research analysts have also commented on the stock. Sanford C. Bernstein raised shares of KERING S A/ADR from a “market perform” rating to an “outperform” rating in a research note on Tuesday, August 6th. Zacks Investment Research raised shares of KERING S A/ADR from a “sell” rating to a “hold” rating in a research note on Thursday, August 29th. UBS Group raised shares of KERING S A/ADR from a “neutral” rating to a “buy” rating in a research note on Wednesday, September 18th. Finally, ValuEngine lowered shares of KERING S A/ADR from a “sell” rating to a “strong sell” rating in a research note on Thursday, October 10th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the company. KERING S A/ADR presently has a consensus rating of “Buy” and an average target price of $65.00.

OTCMKTS:PPRUY traded up $0.15 during mid-day trading on Tuesday, hitting $57.47. 12,613 shares of the company’s stock were exchanged, compared to its average volume of 45,858. KERING S A/ADR has a fifty-two week low of $42.16 and a fifty-two week high of $60.99. The company has a 50 day simple moving average of $53.06 and a 200-day simple moving average of $53.97. The firm has a market capitalization of $72.39 billion, a P/E ratio of 21.77, a PEG ratio of 2.19 and a beta of 0.99.

About KERING S A/ADR

Kering SA develops, designs, manufactures, markets, and sells apparel and accessories worldwide. The company offers shoes; leather goods, including handbags and wallets, and other leather products; eyewear and textile accessories; jewelry and watches; and T-shirts, sweatshirts, polo shirts, etc., as well as ready-to-wear products for men and women.

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