Kering (EPA:KER) received a €460.00 ($567.90) target price from research analysts at UBS Group in a research note issued to investors on Wednesday, www.boersen-zeitung.de reports. The brokerage presently has a “buy” rating on the stock. UBS Group’s price target would indicate a potential upside of 23.32% from the company’s previous close.
KER has been the subject of several other reports. Deutsche Bank set a €390.00 ($481.48) price objective on Kering and gave the stock a “neutral” rating in a research report on Monday, January 22nd. Royal Bank of Canada set a €405.00 ($500.00) price objective on Kering and gave the stock a “neutral” rating in a research report on Thursday, January 11th. Berenberg Bank set a €450.00 ($555.56) price objective on Kering and gave the stock a “buy” rating in a research report on Tuesday, January 9th. Kepler Capital Markets set a €460.00 ($567.90) price objective on Kering and gave the stock a “buy” rating in a research report on Thursday, January 25th. Finally, Barclays set a €430.00 ($530.86) price objective on Kering and gave the stock a “buy” rating in a research report on Tuesday. Four research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of €407.07 ($502.56).
Kering (KER) opened at €373.00 ($460.49) on Wednesday. Kering has a 12-month low of €225.05 ($277.84) and a 12-month high of €417.40 ($515.31). The firm has a market capitalization of $47,100.00 and a PE ratio of 26.25.
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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.
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