Sanford C. Bernstein set a €540.00 ($627.91) target price on Kering (EPA:KER) in a research report report published on Thursday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
A number of other analysts have also recently weighed in on the stock. Bank of America set a €525.00 ($610.47) price objective on shares of Kering and gave the stock a buy rating in a report on Friday, September 13th. Morgan Stanley set a €480.00 ($558.14) price objective on shares of Kering and gave the stock a neutral rating in a research report on Wednesday, October 2nd. JPMorgan Chase & Co. set a €600.00 ($697.67) target price on shares of Kering and gave the company a buy rating in a report on Friday, October 25th. 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 report on Tuesday, December 3rd. Finally, BNP Paribas set a €520.00 ($604.65) price target on shares of Kering and gave the stock a neutral rating in a research note on Tuesday, September 17th. Four equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. The stock has a consensus rating of Buy and a consensus target price of €559.14 ($650.17).
Shares of KER opened at €549.10 ($638.49) on Thursday. The stock has a 50 day moving average price of €523.10 and a 200 day moving average price of €489.10. Kering has a 52-week low of €231.35 ($269.01) and a 52-week 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.
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