OTCMKTS:PPRUY
Kering (PPRUY)
Financials 
Technical Analysis 
Sep 1, 2026, 12:00 amThis summary was created by AI, based on 2 opinions in the last 12 months.
Kering, represented by the symbol PPRUY-OTC, is currently in a turnaround phase under new leadership, which began last year. Despite being considered a top pick due to a strong forecast of a 25% upside, the firm decided to sell its stake in October, as the variable dividend fell below acceptable limits. The luxury market remains promising, though overall, the industry faces challenges, particularly in the recovery of key markets like Asia and China post-pandemic. Experts are cautiously optimistic about Kering's long-term potential but recommend a wait-and-see approach, as many luxury brands are struggling to return to pre-pandemic levels. Thus, while there are opportunities, the immediate outlook is mixed and has led to a more conservative stance on investments in Kering for now.
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.
Lorne SteinbergLorne SteinbergLorne SteinbergLorne Steinberg- «
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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 PAST 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 Jamie Murray on 2026-01-07. 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 2026-08-31, Kering (PPRUY) stock closed at a price of $29.37.
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.