Oddo Bhf set a €431.00 ($484.27) price target on Kering (EPA:KER) in a report released on Tuesday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Other research analysts also recently issued research reports about the stock. Kepler Capital Markets set a €590.00 ($662.92) price objective on shares of Kering and gave the company a buy rating in a research report on Wednesday, June 3rd. Sanford C. Bernstein set a €550.00 ($617.98) target price on shares of Kering and gave the stock a neutral rating in a report on Monday, June 15th. Goldman Sachs Group set a €550.00 ($617.98) target price on shares of Kering and gave the stock a buy rating in a report on Thursday, May 7th. HSBC set a €610.00 ($685.39) target price on shares of Kering and gave the stock a buy rating in a report on Thursday, May 7th. Finally, Credit Suisse Group set a €530.00 ($595.51) target price on shares of Kering and gave the stock a buy rating in a report on Tuesday, May 5th. Six analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. Kering presently has a consensus rating of Buy and an average target price of €552.33 ($620.60).
Shares of KER opened at €477.00 ($535.96) on Tuesday. The firm has a 50-day moving average of €471.05 and a 200-day moving average of €510.20. Kering has a one year low of €231.35 ($259.94) and a one year high of €417.40 ($468.99).
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 T-shirts, sweatshirts, polo shirts, etc., as well as ready-to-wear products for men and women.
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