Kering (KER) Given a €380.00 Price Target at Morgan Stanley

Kering (EPA:KER) has been assigned a €380.00 ($469.14) price target by stock analysts at Morgan Stanley in a research report issued on Wednesday. The brokerage currently has a “neutral” rating on the stock. Morgan Stanley’s price target would indicate a potential upside of 0.80% from the stock’s current price.

Other analysts have also recently issued reports about the company. UBS Group set a €460.00 ($567.90) price objective on Kering and gave the company a “buy” rating in a research report on Wednesday. Berenberg Bank set a €450.00 ($555.56) price objective on Kering and gave the company a “buy” rating in a research report on Wednesday. Societe Generale set a €461.00 ($569.14) price objective on Kering and gave the company a “buy” rating in a research report on Wednesday. Barclays set a €430.00 ($530.86) price objective on Kering and gave the company a “buy” rating in a research report on Tuesday. Finally, Kepler Capital Markets set a €460.00 ($567.90) price objective on Kering and gave the company a “buy” rating in a research report on Tuesday. Four equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of €411.64 ($508.20).

Kering (EPA KER) traded up €12.00 ($14.81) on Wednesday, hitting €377.00 ($465.43). The stock had a trading volume of 241,421 shares, compared to its average volume of 222,059. The company has a market capitalization of $47,610.00 and a PE ratio of 26.53. Kering has a 1-year low of €225.05 ($277.84) and a 1-year high of €417.40 ($515.31).

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Kering Company Profile

Kering SA, 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.

Analyst Recommendations for Kering (EPA:KER)

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