According to Zacks, “Kering is involved in the design, manufacture and distribution of apparel and accessories. It operates through two segments: Luxury segment and Sport and Lifestyle segment. The company’s product include handbags, small leather goods, luggage, shoes, men and women’s ready-to-wear, silks, watches, fine jewellery, eyewear, lingerie, fragrances and cosmetics, furniture, kids wear, T-shirts, track jackets, bags, board shorts, polo shirts, denim, swim, outerwear, and sandals; footwear; sunglasses, snow goggles, backpacks, luggage, and accessories. Its brand name consists of Puma, Volcom, Cobra, Electric, Tretorn, Gucci, Bottega Veneta, Yves Saint Laurent, Alexander McQueen, Balenciaga, Brioni, Christopher Kane, Qeelin, Stella McCartney, Sergio Rossi, Boucheron, Girard-Perregaux, and JeanRichard. Kering is headquartered in Paris, France. “
A number of other analysts have also weighed in on PPRUY. Smith Barney Citigroup restated a buy rating on shares of Kering in a research note on Monday, December 21st. Credit Suisse Group reiterated an outperform rating on shares of Kering in a research report on Monday, February 22nd. Berenberg Bank assumed coverage on Kering in a research report on Tuesday, February 2nd. They issued a buy rating for the company. Morgan Stanley reiterated an equal weight rating on shares of Kering in a research report on Tuesday, February 16th. Finally, UBS Group reiterated a neutral rating on shares of Kering in a research report on Tuesday, March 30th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and eight have given a buy rating to the company’s stock. The stock has an average rating of Hold and an average target price of $76.00.
Kering Company Profile
Kering SA develops, designs, manufactures, markets, and sells apparel and accessories. The company offers shoes; leather goods, including handbags and wallets, purses, and other leather products; eyewear, textile accessories, etc.; and jewelry and watches, as well as ready-to-wear products for men and women.
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