Goldman Sachs Group Reiterates €608.00 Price Target for Kering (EPA:KER)

Kering (EPA:KER) has been given a €608.00 ($706.98) price objective by equities researchers at Goldman Sachs Group in a report released on Tuesday, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock. Goldman Sachs Group’s price target would indicate a potential upside of 14.65% from the company’s previous close.

A number of other analysts have also recently commented on KER. Royal Bank of Canada set a €590.00 ($686.05) price objective on Kering and gave the company a “buy” rating in a research report on Wednesday, October 30th. UBS Group set a €555.00 ($645.35) price target on Kering and gave the company a “buy” rating in a research note on Friday, October 25th. Morgan Stanley set a €480.00 ($558.14) price target on shares of Kering and gave the company a “neutral” rating in a research report on Wednesday, October 2nd. Sanford C. Bernstein set a €540.00 ($627.91) price target on shares of Kering and gave the company a “buy” rating in a research report on Friday, September 27th. Finally, Credit Suisse Group set a €540.00 ($627.91) price objective on shares of Kering and gave the stock a “neutral” rating in a research note on Friday, October 25th. Four analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of €559.14 ($650.17).

Shares of EPA KER traded down €10.10 ($11.74) during midday trading on Tuesday, hitting €530.30 ($616.63). 320,160 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). The firm has a 50-day moving average of €518.19 and a two-hundred day moving average of €488.37.

About Kering

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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Analyst Recommendations for Kering (EPA:KER)

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