Kering (EPA:KER) has been assigned a €520.00 ($584.27) price objective by equities researchers at Jefferies Financial Group in a research report issued to clients and investors on Wednesday, Borsen Zeitung reports. The brokerage presently has a “neutral” rating on the stock. Jefferies Financial Group’s target price points to a potential upside of 7.67% from the stock’s current price.
Other equities research analysts have also issued research reports about the stock. Morgan Stanley set a €535.00 ($601.12) price target on shares of Kering and gave the stock a “neutral” rating in a research note on Friday, April 24th. Bryan, Garnier & Co set a €560.00 ($629.21) target price on Kering and gave the company a “buy” rating in a research note on Wednesday, March 25th. Oddo Bhf set a €431.00 ($484.27) price target on Kering and gave the company a “neutral” rating in a research report on Tuesday, June 23rd. UBS Group set a €589.00 ($661.80) price objective on Kering and gave the stock a “buy” rating in a report on Monday, May 11th. Finally, Goldman Sachs Group set a €550.00 ($617.98) price objective on shares of Kering and gave the company a “buy” rating in a report on Thursday, May 7th. Six analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. The company has an average rating of “Buy” and an average price target of €552.33 ($620.60).
EPA KER opened at €482.95 ($542.64) on Wednesday. Kering has a 52-week low of €231.35 ($259.94) and a 52-week high of €417.40 ($468.99). The company has a 50-day simple moving average of €473.59 and a 200 day simple moving average of €508.88.
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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