UBS set a €500.00 ($595.24) price target on Kering (EPA:KER) in a research report released on Tuesday, May 15th, www.boersen-zeitung.de reports. The firm currently has a buy rating on the stock.
A number of other brokerages also recently issued reports on KER. Deutsche Bank set a €390.00 ($464.29) price target on Kering and gave the company a neutral rating in a report on Monday, January 22nd. Berenberg Bank set a €450.00 ($535.71) target price on Kering and gave the stock a buy rating in a research note on Monday, January 15th. Kepler Capital Markets set a €460.00 ($547.62) price target on Kering and gave the stock a buy rating in a research report on Thursday, January 25th. Barclays set a €430.00 ($511.90) price target on Kering and gave the stock a buy rating in a research report on Monday, January 15th. Finally, Jefferies Group set a €465.00 ($553.57) price objective on Kering and gave the company a buy rating in a report on Tuesday, January 16th. One research analyst has rated the stock with a sell rating, four have given a hold rating and twelve have issued a buy rating to the company’s stock. Kering presently has a consensus rating of Buy and an average price target of €448.94 ($534.45).
Kering opened at €381.90 ($454.64) on Tuesday, according to Marketbeat. Kering has a 52 week low of €231.35 ($275.42) and a 52 week high of €417.40 ($496.90).
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 outerwear, denims, T-shirts, and formalwear for men, as well as ready-to-wear products for women.
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