Kering (EPA:KER) has been given a €475.00 ($586.42) target price by Societe Generale in a research note issued to investors on Monday, March 5th. The brokerage presently has a “buy” rating on the stock. Societe Generale’s price objective points to a potential upside of 24.38% from the stock’s previous close.
Several other analysts have also issued reports on KER. Sanford C. Bernstein set a €400.00 ($493.83) target price on Kering and gave the company a “neutral” rating in a research note on Thursday, January 11th. Berenberg Bank set a €450.00 ($555.56) price objective on Kering and gave the company a “buy” rating in a research note on Monday, January 15th. Credit Suisse Group set a €460.00 ($567.90) price objective on Kering and gave the company a “buy” rating in a research note on Thursday, March 1st. Morgan Stanley set a €380.00 ($469.14) price objective on Kering and gave the company a “neutral” rating in a research note on Wednesday, February 14th. Finally, Deutsche Bank set a €385.00 ($475.31) price objective on Kering and gave the company a “neutral” rating in a research note on Tuesday, December 5th. Four equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of €425.67 ($525.51).
Shares of Kering (EPA KER) traded down €4.60 ($5.68) on Monday, hitting €381.90 ($471.48). The company’s stock had a trading volume of 283,539 shares, compared to its average volume of 233,612. The company has a market capitalization of $48,230.00 and a price-to-earnings ratio of 26.88. Kering has a 52-week low of €231.35 ($285.62) and a 52-week high of €417.40 ($515.31).
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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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