JPMorgan Chase & Co. set a €600.00 ($697.67) price objective on Kering (EPA:KER) in a research report released on Thursday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
A number of other research firms have also issued reports on KER. Sanford C. Bernstein set a €540.00 ($627.91) target price on shares of Kering and gave the stock a buy rating in a report on Thursday. Royal Bank of Canada set a €590.00 ($686.05) price target on shares of Kering and gave the stock a buy rating in a research note on Wednesday, October 30th. Credit Suisse Group set a €540.00 ($627.91) price objective on Kering and gave the stock a neutral rating in a research report on Friday, October 25th. Kepler Capital Markets set a €600.00 ($697.67) price objective on Kering and gave the company a buy rating in a research note on Thursday. Finally, UBS Group set a €555.00 ($645.35) price objective on Kering and gave the company a buy rating in a research note on Friday, October 25th. Four investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The company has a consensus rating of Buy and a consensus price target of €559.14 ($650.17).
Shares of KER stock traded up €9.10 ($10.58) during trading on Thursday, reaching €549.10 ($638.49). The company’s stock had a trading volume of 166,177 shares, compared to its average volume of 233,612. The stock’s 50-day moving average price is €521.76 and its 200 day moving average price is €488.80. Kering has a 1-year low of €231.35 ($269.01) and a 1-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 T-shirts, sweatshirts, polo shirts, etc., as well as ready-to-wear products for men and women.
Featured Article: CD Ladder
Receive News & Ratings for Kering Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kering and related companies with MarketBeat.com's FREE daily email newsletter.