Goldman Sachs Group set a €613.00 ($712.79) price objective on Kering (EPA:KER) in a research report sent to investors on Monday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Several other equities research analysts have also weighed in on the stock. UBS Group set a €612.00 ($711.63) target price on shares of Kering and gave the stock a buy rating in a report on Monday. Bank of America set a €635.00 ($738.37) target price on shares of Kering and gave the stock a buy rating in a report on Thursday, January 9th. Royal Bank of Canada set a €615.00 ($715.12) target price on shares of Kering and gave the stock a buy rating in a report on Tuesday, March 3rd. Sanford C. Bernstein set a €440.00 ($511.63) target price on shares of Kering and gave the stock a neutral rating in a report on Friday, March 20th. Finally, Kepler Capital Markets set a €700.00 ($813.95) target price on shares of Kering and gave the stock a buy rating in a report on Wednesday, February 12th. Five investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The stock has a consensus rating of Buy and a consensus target price of €575.07 ($668.69).
KER opened at €492.35 ($572.50) on Monday. The firm’s 50-day simple moving average is €500.53 and its 200-day simple moving average is €519.18. Kering has a twelve month low of €231.35 ($269.01) and a twelve month 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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