Kering (EPA:KER) Given a €525.00 Price Target at UBS Group
UBS Group set a €525.00 ($610.47) target price on Kering (EPA:KER) in a research report sent to investors on Tuesday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Several other research analysts have also recently commented on the company. Goldman Sachs Group set a €615.00 ($715.12) target price on Kering and gave the stock a buy rating in a research report on Tuesday. JPMorgan Chase & Co. set a €570.00 ($662.79) target price on Kering and gave the stock a buy rating in a research report on Monday. Morgan Stanley set a €480.00 ($558.14) target price on Kering and gave the stock a neutral rating in a research report on Wednesday, May 8th. Royal Bank of Canada set a €565.00 ($656.98) target price on Kering and gave the stock a buy rating in a research report on Tuesday, April 23rd. Finally, Credit Suisse Group set a €530.00 ($616.28) target price on Kering and gave the stock a neutral rating in a research report on Thursday, April 18th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and ten have given a buy rating to the stock. Kering presently has a consensus rating of Buy and an average target price of €548.93 ($638.29).
Shares of KER stock opened at €485.00 ($563.95) on Tuesday. Kering has a one year low of €231.35 ($269.01) and a one year high of €417.40 ($485.35).
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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