Bryan, Garnier & Co set a €560.00 ($651.16) price objective on Kering (EPA:KER) in a report released on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
A number of other brokerages have also commented on KER. Royal Bank of Canada set a €615.00 ($715.12) target price on Kering and gave the company a buy rating in a research note on Tuesday, March 3rd. JPMorgan Chase & Co. set a €525.00 ($610.47) price target on Kering and gave the stock a buy rating in a research report on Monday. Kepler Capital Markets set a €700.00 ($813.95) target price on Kering and gave the stock a buy rating in a research note on Wednesday, February 12th. Jefferies Financial Group set a €666.00 ($774.42) price objective on Kering and gave the company a buy rating in a report on Friday, March 20th. Finally, Sanford C. Bernstein set a €440.00 ($511.63) target price on Kering and gave the stock a neutral rating in a report on Friday, March 20th. Five investment analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Kering has an average rating of Buy and an average price target of €575.07 ($668.69).
EPA KER traded up €20.25 ($23.55) on Wednesday, hitting €492.35 ($572.50). 149,132 shares of the company were exchanged, compared to its average volume of 233,612. Kering has a twelve month low of €231.35 ($269.01) and a twelve month high of €417.40 ($485.35). The company’s 50 day moving average price is €500.53 and its 200-day moving average price is €519.18.
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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