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OTCMKTS:PPRUY
Kering (PPRUY)
Financials 
Technical Analysis 
Jun 19, 2026, 12:00 amThis summary was created by AI, based on 2 opinions in the last 12 months.
Kering has recently transitioned under new leadership, with a focus on turning around its fortunes in the luxury market. Despite being identified as a top pick in February with an expected gain of 25%, challenges persist, particularly concerning the recovery pace in key markets such as Asia and China post-pandemic. Experts suggest that while Kering's long-term prospects appear promising, the current volatility and evolving market conditions warrant a cautious approach. The previous strategy, including variable dividends, has been reconsidered as it no longer aligns with performance thresholds viewed by analysts. Overall, sentiments reflect a tempered optimism as the company navigates through these transitional phases.
The luxury market has been weak after the post-Covid boom. Chinese consumers are a major factor. Plus, their Gucci brand wasn't resonating with consumers. Their designer tried to make the brand more into leather goods and classic fashions, but that isn't what Gucci is about. They have a new designer, so he sees upside. Long-term, he likes luxury goods for being stable and an oligopoly. It trades at 17x PE forward where mid-20s is the norm, so there's room here.
(Analysts’ price target is $22.60)
Jamie Murray The problem is that Gucci continues to underperform; they changed designers. Has huge free cash flow, a good balance sheet and pays a 5.5% dividend. Disappointing.
Lorne SteinbergExcellent company with Gucci as top brand.
Luxury brand space will see further growth in Asia.
Expecting increased revenue in 2024.
Stan WongChina closing up caused a drop in sales but it is re-opening and the Chinese people are huge buyers of luxury goods. It has big growth ahead and lots of free cash flow. It is also very good at turning brands around.
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Kering (PPRUY) Frequently Asked Questions
What is Kering stock symbol?
Kering is a American stock, trading under the symbol PPRUY (previously PPRUY-OTC on Stockchase) on the US OTC (PPRUY). It is usually referred to as OTC:PPRUY or PPRUY
Is Kering a buy or a sell?
In the last year, 2 stock analysts issued a Buy, Sell, or Hold rating on PPRUY (previously PPRUY-OTC on Stockchase). 1 analyst recommended to BUY and 1 analyst recommended to SELL the stock. The latest stock analyst rating is TOP PICK. Read the latest stock experts' ratings for Kering.
Is Kering a good investment or a top pick?
Kering was recommended as a Top Pick by Lorne Steinberg on 2020-01-30. Read the latest stock experts ratings for Kering.
Why is Kering stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Kering.
Is Kering worth watching?
Kering is followed by 19 investors on Stockchase and is a trending stock that is worth watching.
What is Kering stock price?
On 2026-06-18, Kering (PPRUY) stock closed at a price of $31.73.
Still in turnaround mode, which is starting to take hold. New CEO last year. Sold in October, as the variable dividend no longer met his firm's threshold. Luxury market is still a good one.