Jefferies Group Analysts Give Kering (KER) a €465.00 Price Target
Kering (EPA:KER) has been given a €465.00 ($553.57) target price by Jefferies Group in a research note issued to investors on Tuesday. The brokerage currently has a “buy” rating on the stock. Jefferies Group’s price target would indicate a potential upside of 15.44% from the stock’s previous close.
Several other research analysts also recently commented on the company. Barclays set a €430.00 ($511.90) price target on Kering and gave the stock a “buy” rating in a research report on Monday. 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. Sanford C. Bernstein set a €400.00 ($476.19) price objective on Kering and gave the company a “neutral” rating in a research report on Thursday, January 11th. Royal Bank of Canada set a €405.00 ($482.14) price objective on Kering and gave the company a “neutral” rating in a research report on Thursday, January 11th. Finally, UBS Group set a €415.00 ($494.05) price objective on Kering and gave the company a “buy” rating in a research report on Tuesday, January 9th. Four investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Kering presently has a consensus rating of “Buy” and an average target price of €393.54 ($468.50).
Shares of Kering (EPA KER) opened at €402.90 ($479.64) on Tuesday. The firm has a market cap of $50,880.00 and a PE ratio of 42.68. Kering has a 1-year low of €219.40 ($261.19) and a 1-year high of €415.00 ($494.05).
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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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