Deutsche Bank Reiterates €390.00 Price Target for Kering (KER)

Kering (EPA:KER) has been given a €390.00 ($481.48) target price by investment analysts at Deutsche Bank in a research note issued to investors on Monday. The brokerage presently has a “neutral” rating on the stock. Deutsche Bank’s target price points to a potential downside of 0.05% from the company’s current price.

Several other research firms have also recently issued reports on KER. Royal Bank of Canada set a €405.00 ($500.00) price target on Kering and gave the company a “neutral” rating in a report on Thursday, January 11th. Berenberg Bank set a €450.00 ($555.56) price target on Kering and gave the company a “buy” rating in a report on Monday, January 15th. Sanford C. Bernstein set a €400.00 ($493.83) price target on Kering and gave the company a “neutral” rating in a report on Thursday, January 11th. Kepler Capital Markets set a €460.00 ($567.90) price target on Kering and gave the company a “buy” rating in a report on Thursday, January 25th. Finally, Barclays set a €430.00 ($530.86) price target on Kering and gave the company a “buy” rating in a report on Monday, January 15th. Four analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. Kering currently has an average rating of “Buy” and a consensus target price of €420.43 ($519.05).

Kering (EPA:KER) opened at €390.20 ($481.73) on Monday. The stock has a market capitalization of $49,270.00 and a price-to-earnings ratio of 27.46. Kering has a twelve month low of €225.05 ($277.84) and a twelve month high of €417.40 ($515.31).

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About Kering

Kering SA, through its subsidiaries, designs, manufactures, and distributes apparel and accessories worldwide. The company offers leather goods, jewelry, and watches under Gucci, Bottega Veneta, Saint Laurent, Alexander McQueen, Balenciaga, Brioni, Christopher Kane, McQ, Stella McCartney, Tomas Maier, Boucheron, Dodo, Girard-Perregaux, Pomellato, Qeelin, and Ulysse Nardin brand names.

Analyst Recommendations for Kering (EPA:KER)

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