Deutsche Bank set a €455.00 ($511.24) price target on Kering (EPA:KER) in a report released on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Several other research analysts have also recently commented on KER. Sanford C. Bernstein set a €550.00 ($617.98) target price on shares of Kering and gave the stock a neutral rating in a report on Tuesday, July 28th. Kepler Capital Markets set a €590.00 ($662.92) target price on shares of Kering and gave the stock a buy rating in a report on Tuesday, June 23rd. Goldman Sachs Group set a €604.00 ($678.65) target price on shares of Kering and gave the stock a buy rating in a report on Wednesday. Morgan Stanley set a €535.00 ($601.12) price target on shares of Kering and gave the stock a neutral rating in a report on Friday, April 24th. Finally, Jefferies Financial Group set a €520.00 ($584.27) price target on shares of Kering and gave the stock a neutral rating in a report on Tuesday, July 28th. Six investment analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Kering currently has a consensus rating of Buy and a consensus target price of €552.60 ($620.90).
The stock has a 50-day simple moving average of €497.65 and a 200 day simple moving average of €496.88. Kering has a 52 week low of €231.35 ($259.94) and a 52 week high of €417.40 ($468.99).
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 T-shirts, sweatshirts, polo shirts, etc., as well as ready-to-wear products for men and women.
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