Kering (KER) PT Set at €450.00 by Berenberg Bank

Kering (EPA:KER) has been given a €450.00 ($555.56) price objective by equities researchers at Berenberg Bank in a research report issued to clients and investors on Wednesday. The brokerage presently has a “buy” rating on the stock. Berenberg Bank’s target price would suggest a potential upside of 20.64% from the company’s current price.

A number of other brokerages also recently weighed in on KER. UBS Group set a €460.00 ($567.90) target price on Kering and gave the company a “buy” rating in a report on Wednesday. DZ Bank reaffirmed a “buy” rating on shares of Kering in a report on Tuesday. Goldman Sachs Group set a €410.00 ($506.17) target price on Kering and gave the company a “buy” rating in a report on Tuesday. Kepler Capital Markets set a €460.00 ($567.90) target price on Kering and gave the company a “buy” rating in a report on Tuesday. Finally, Barclays set a €430.00 ($530.86) target price on Kering and gave the company a “buy” rating in a report on Tuesday. Four analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of €407.07 ($502.56).

Shares of Kering (KER) opened at €373.00 ($460.49) on Wednesday. The firm has a market cap of $47,100.00 and a P/E ratio of 26.25. 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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About Kering

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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