Kering (EPA:KER) has been assigned a €610.00 ($709.30) price target by Societe Generale in a research report issued on Friday, July 27th. The firm presently has a “buy” rating on the stock. Societe Generale’s target price suggests a potential upside of 59.73% from the company’s previous close.
A number of other analysts have also recently commented on the company. Berenberg Bank set a €480.00 ($558.14) price target on Kering and gave the stock a “buy” rating in a research report on Tuesday, April 10th. UBS Group set a €475.00 ($552.33) price objective on shares of Kering and gave the stock a “buy” rating in a report on Tuesday, April 10th. Goldman Sachs Group set a €507.00 ($589.53) price objective on shares of Kering and gave the stock a “buy” rating in a report on Wednesday, April 25th. Barclays set a €480.00 ($558.14) price objective on shares of Kering and gave the stock a “buy” rating in a report on Wednesday, April 25th. Finally, JPMorgan Chase & Co. set a €515.00 ($598.84) price objective on shares of Kering and gave the stock a “buy” rating in a report on Friday, June 1st. One analyst has rated the stock with a sell rating, four have given a hold rating and twelve have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of €523.88 ($609.16).
Kering traded down €4.60 ($5.35), hitting €381.90 ($444.07), during trading hours on Friday, MarketBeat Ratings reports. 283,539 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).
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 outerwear, denims, T-shirts, and formalwear for men, as well as ready-to-wear products for women.
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