Shares of Kering (EPA:KER) have received an average recommendation of “Buy” from the fifteen research firms that are covering the company, Marketbeat reports. Four analysts have rated the stock with a hold recommendation and eleven have issued a buy recommendation on the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is €422.21 ($521.25).
Several equities research analysts recently commented on the stock. Deutsche Bank set a €390.00 ($481.48) price objective on shares of Kering and gave the stock a “neutral” rating in a research report on Monday, January 22nd. Royal Bank of Canada set a €405.00 ($500.00) price objective on shares of Kering and gave the stock a “neutral” rating in a research report on Thursday, January 11th. Berenberg Bank set a €450.00 ($555.56) target price on shares of Kering and gave the company a “buy” rating in a report on Tuesday, January 9th. Morgan Stanley set a €380.00 ($469.14) target price on shares of Kering and gave the company a “neutral” rating in a report on Wednesday, February 14th. Finally, Kepler Capital Markets set a €460.00 ($567.90) target price on shares of Kering and gave the company a “buy” rating in a report on Thursday, January 25th.
Kering (EPA:KER) traded down €3.70 ($4.57) during trading on Friday, hitting €392.60 ($484.69). 108,538 shares of the company traded hands, compared to its average volume of 234,026. Kering has a 1-year low of €227.60 ($280.99) and a 1-year high of €417.40 ($515.31). The stock has a market cap of $49,580.00 and a price-to-earnings ratio of 27.63.
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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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