UBS Group set a €555.00 ($645.35) target price on Kering (EPA:KER) in a research note issued to investors on Thursday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Other equities research analysts have also recently issued research reports about the stock. Goldman Sachs Group set a €608.00 ($706.98) price objective on shares of Kering and gave the company a buy rating in a research report on Tuesday. Deutsche Bank set a €520.00 ($604.65) target price on shares of Kering and gave the stock a neutral rating in a research report on Friday, October 25th. Morgan Stanley set a €480.00 ($558.14) target price on shares of Kering and gave the company a neutral rating in a research note on Wednesday, October 2nd. Jefferies Financial Group set a €560.00 ($651.16) price target on shares of Kering and gave the company a buy rating in a report on Tuesday, October 8th. Finally, HSBC set a €600.00 ($697.67) price target on shares of Kering and gave the stock a buy rating in a research note on Monday, September 9th. Four research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Kering currently has a consensus rating of Buy and an average price target of €559.14 ($650.17).
KER traded up €9.10 ($10.58) on Thursday, hitting €549.10 ($638.49). 166,177 shares of the company’s stock traded hands, compared to its average volume of 233,612. Kering has a one year low of €231.35 ($269.01) and a one year high of €417.40 ($485.35). The company’s 50 day simple moving average is €521.76 and its 200-day simple moving average is €488.80.
Kering SA develops, designs, manufactures, markets, and sells apparel and accessories worldwide. The company offers shoes; leather goods, including handbags and wallets, and other leather products; eyewear and textile accessories; jewelry and watches; and T-shirts, sweatshirts, polo shirts, etc., as well as ready-to-wear products for men and women.
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