Kering (KER) PT Set at €430.00 by Barclays
Kering (EPA:KER) has been assigned a €430.00 ($511.90) price target by equities researchers at Barclays in a report issued on Monday. The brokerage presently has a “buy” rating on the stock. Barclays’ price target would suggest a potential upside of 7.10% from the company’s current price.
Other research analysts have also issued reports about the company. Berenberg Bank set a €450.00 ($535.71) price target on Kering and gave the stock a “buy” rating in a research report on Monday. Deutsche Bank set a €385.00 ($458.33) price target on Kering and gave the stock a “neutral” rating in a research report on Tuesday, December 5th. Royal Bank of Canada set a €405.00 ($482.14) price target on Kering and gave the stock a “neutral” rating in a research report on Thursday. Societe Generale set a €457.00 ($544.05) price target on Kering and gave the stock a “buy” rating in a research report on Wednesday, December 6th. Finally, Sanford C. Bernstein set a €400.00 ($476.19) price target on Kering and gave the stock a “neutral” rating in a research report on Thursday. Four equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of €387.58 ($461.41).
Kering (EPA:KER) traded down €5.40 ($6.43) on Monday, hitting €401.50 ($477.98). The stock had a trading volume of 155,695 shares, compared to its average volume of 201,050. Kering has a 1-year low of €219.40 ($261.19) and a 1-year high of €415.00 ($494.05). The stock has a market capitalization of $50,700.00 and a price-to-earnings ratio of 42.53.
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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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