Kering (KER) PT Set at €385.00 by Deutsche Bank
Kering (EPA:KER) has been given a €385.00 ($458.33) target price by research analysts at Deutsche Bank in a report issued on Tuesday. The brokerage presently has a “neutral” rating on the stock. Deutsche Bank’s price objective suggests a potential upside of 1.76% from the company’s previous close.
Separately, UBS reiterated a “buy” rating on shares of Kering in a report on Friday, October 6th. Four research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of €337.83 ($402.18).
Kering (KER) traded up €4.80 ($5.71) on Tuesday, reaching €378.35 ($450.42). 217,261 shares of the company’s stock were exchanged, compared to its average volume of 252,858. Kering has a twelve month low of €200.55 ($238.75) and a twelve month high of €408.35 ($486.13).
Kering société anonyme, through its subsidiaries, designs, manufactures, and distributes apparel and accessories worldwide. The company offers leather goods, jewelry, and watches under Gucci, Bottega Veneta, Saint Laurent, Alexander McQueen, Balenciaga, Brioni, Christopher Kane, McQ, Stella McCartney, Tomas Maier, Boucheron, Dodo, Girard-Perregaux, Pomellato, Qeelin, and Ulysse Nardin brand names.
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