Kering (EPA:KER) received a €525.00 ($610.47) price objective from investment analysts at UBS Group in a research note issued on Tuesday, Borsen Zeitung reports. The firm presently has a “neutral” rating on the stock. UBS Group’s price objective suggests a potential upside of 7.77% from the company’s current price.
A number of other equities research analysts have also recently weighed in on the stock. Goldman Sachs Group set a €580.00 ($674.42) price objective on shares of Kering and gave the stock a “buy” rating in a report on Tuesday, March 19th. Deutsche Bank set a €530.00 ($616.28) price objective on shares of Kering and gave the stock a “buy” rating in a report on Monday, April 1st. Royal Bank of Canada set a €550.00 ($639.53) price objective on shares of Kering and gave the stock a “buy” rating in a report on Friday, February 15th. Credit Suisse Group set a €500.00 ($581.40) price target on shares of Kering and gave the company a “neutral” rating in a report on Friday, February 15th. Finally, JPMorgan Chase & Co. set a €540.00 ($627.91) price target on shares of Kering and gave the company a “buy” rating in a report on Tuesday, February 12th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and ten have given a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of €548.93 ($638.29).
Shares of KER opened at €487.15 ($566.45) on Tuesday. Kering has a fifty-two week low of €231.35 ($269.01) and a fifty-two week high of €417.40 ($485.35).
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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