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    PPRUY   US4920891078


Delayed Quote. Delayed OTC Markets - 10/22 03:57:00 pm
75.49 USD   +0.36%
10/21KERING : Jefferies gives a Buy rating
10/21KERING : Best of the brokers
10/20EUROPE : European stocks hit 6-week highs as Nestle shines in mixed bag of earnings
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

KERINGADR : Pomerantz Law Firm Investigates Claims On Behalf of Investors of Kering S.A. - PPRUY

12/11/2017 | 12:31pm EDT

NEW YORK, NY / ACCESSWIRE / December 11, 2017 / Pomerantz LLP is investigating claims on behalf of investors of Kering S.A. ("Kering" or the "Company") (OTC PINK: PPRUY). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 9980.

The investigation concerns whether Kering and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.

[Click here to join a class action]

On December 2, 2017, Reuters reported that Italian tax police had visited the offices of Guccio Gucci SpA ("Gucci"), a subsidiary of Kering, in connection with a tax evasion probe. Citing a "source with direct knowledge of the matter," Reuters reported that "Milan prosecutors suspected Gucci . . . may have paid taxes on profits generated by sales in Italy in another country with a more favorable tax regime."

On this news, Kering's American Depositary Receipt price fell $0.55, or 1.22%, to close at $44.15 on December 4, 2017, the following trading day.

The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.

SOURCE: Pomerantz LLP

© Accesswire 2017
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Analyst Recommendations on KERING SA
More recommendations
Sales 2021 16 933 M 19 715 M 19 715 M
Net income 2021 3 093 M 3 601 M 3 601 M
Net Debt 2021 4 770 M 5 553 M 5 553 M
P/E ratio 2021 26,0x
Yield 2021 1,75%
Capitalization 80 251 M 93 347 M 93 436 M
EV / Sales 2021 5,02x
EV / Sales 2022 4,50x
Nbr of Employees 33 134
Free-Float 58,2%
Duration : Period :
Kering SA Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 27
Last Close Price 646,10 €
Average target price 769,44 €
Spread / Average Target 19,1%
EPS Revisions
Managers and Directors
François Jean Henri Pinault Chairman & Chief Executive Officer
Jean-Marc Duplaix Chief Financial Officer
Yseulys Costes Independent Director
Daniela Riccardi Independent Director
Sophie L'Hélias Lead Independent Director
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