Kering (KER) Given a €540.00 Price Target at Credit Suisse Group

Kering (EPA:KER) has been assigned a €540.00 ($627.91) price target by Credit Suisse Group in a research report issued on Friday, July 27th. The firm presently has a “buy” rating on the stock. Credit Suisse Group’s target price suggests a potential upside of 41.40% from the company’s previous close.

A number of other equities analysts have also weighed in on KER. Berenberg Bank set a €525.00 ($610.47) price objective on shares of Kering and gave the stock a “buy” rating in a report on Wednesday, April 25th. UBS Group set a €510.00 ($593.02) price objective on shares of Kering and gave the stock a “buy” rating in a report on Wednesday, April 25th. Societe Generale set a €525.00 ($610.47) price objective on shares of Kering and gave the stock a “buy” rating in a report on Wednesday, April 25th. Goldman Sachs Group set a €507.00 ($589.53) target price on shares of Kering and gave the company a “buy” rating in a research note on Wednesday, April 25th. Finally, Barclays set a €480.00 ($558.14) target price on shares of Kering and gave the company a “buy” rating in a research note on Wednesday, April 25th. One analyst has rated the stock with a sell rating, four have given a hold rating and twelve have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of €523.88 ($609.16).

Kering traded down €4.60 ($5.35), hitting €381.90 ($444.07), during trading hours on Friday, MarketBeat Ratings reports. 283,539 shares of the 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).

Kering Company Profile

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 outerwear, denims, T-shirts, and formalwear for men, as well as ready-to-wear products for women.

Recommended Story: Price to Earnings Ratio (PE)

Analyst Recommendations for Kering (EPA:KER)

Receive News & Ratings for Kering Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kering and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply