Kering (EPA:KER) Receives Average Recommendation of “Buy” from Analysts

Kering (EPA:KER) has received an average recommendation of “Buy” from the fourteen analysts that are covering the firm, MarketBeat.com reports. Four research analysts have rated the stock with a hold recommendation and ten have given a buy recommendation to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is €559.14 ($650.17).

Several research analysts have recently issued reports on the stock. Bank of America set a €525.00 ($610.47) target price on shares of Kering and gave the company a “buy” rating in a research note on Friday, September 13th. Credit Suisse Group set a €540.00 ($627.91) target price on shares of Kering and gave the company a “neutral” rating in a research note on Friday, October 25th. Sanford C. Bernstein set a €540.00 ($627.91) target price on shares of Kering and gave the company a “buy” rating in a research note on Friday, September 27th. JPMorgan Chase & Co. set a €600.00 ($697.67) target price on shares of Kering and gave the company a “buy” rating in a research note on Friday, October 25th. Finally, Goldman Sachs Group set a €608.00 ($706.98) target price on shares of Kering and gave the company a “buy” rating in a research note on Wednesday, November 6th.

EPA:KER traded up €8.80 ($10.23) during mid-day trading on Monday, reaching €545.80 ($634.65). 236,309 shares of the company were exchanged, compared to its average volume of 233,612. Kering has a 12 month low of €231.35 ($269.01) and a 12 month high of €417.40 ($485.35). The firm’s fifty day moving average is €487.10.

About Kering

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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Analyst Recommendations for Kering (EPA:KER)

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