Kering (EPA:KER) has been assigned a €470.00 ($580.25) price objective by equities researchers at Citigroup in a report issued on Tuesday, February 20th. The firm currently has a “buy” rating on the stock. Citigroup’s target price points to a potential upside of 22.84% from the company’s previous close.
KER has been the topic of several other reports. Berenberg Bank set a €450.00 ($555.56) target price on Kering and gave the company a “buy” rating in a research note on Monday, January 15th. UBS Group set a €415.00 ($512.35) target price on Kering and gave the company a “buy” rating in a research report on Tuesday, January 9th. 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. Sanford C. Bernstein set a €400.00 ($493.83) target price on Kering and gave the stock a “neutral” rating in a report on Thursday, January 11th. Finally, Societe Generale set a €457.00 ($564.20) price target on Kering and gave the stock a “buy” rating in a research report on Wednesday, December 6th. Four research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of €425.67 ($525.51).
Shares of Kering (KER) traded up €0.10 ($0.12) during trading hours on Tuesday, hitting €382.60 ($472.35). The stock had a trading volume of 158,838 shares, compared to its average volume of 231,052. Kering has a 12-month low of €231.35 ($285.62) and a 12-month high of €417.40 ($515.31). The company has a market cap of $48,310.00 and a price-to-earnings ratio of 26.92.
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Kering Company Profile
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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