UBS Group set a €580.00 ($651.69) target price on Kering (EPA:KER) in a research note published on Friday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
KER has been the topic of several other research reports. Credit Suisse Group set a €540.00 ($606.74) price objective on shares of Kering and gave the company a buy rating in a research report on Friday, June 26th. Kepler Capital Markets set a €590.00 ($662.92) price target on shares of Kering and gave the company a buy rating in a research report on Tuesday, June 23rd. Sanford C. Bernstein set a €550.00 ($617.98) price target on shares of Kering and gave the company a neutral rating in a research report on Monday, June 15th. HSBC set a €610.00 ($685.39) price target on shares of Kering and gave the company a buy rating in a research report on Thursday, May 7th. Finally, Morgan Stanley set a €535.00 ($601.12) price target on shares of Kering and gave the company a neutral rating in a research report on Friday, April 24th. Six research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and an average target price of €551.73 ($619.93).
Shares of KER opened at €494.80 ($555.96) on Friday. The firm’s 50 day moving average price is €476.73 and its 200 day moving average price is €507.96. Kering has a twelve month low of €231.35 ($259.94) and a twelve month high of €417.40 ($468.99).
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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