Goldman Sachs Group set a €604.00 ($678.65) target price on Kering (EPA:KER) in a report published on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
A number of other analysts have also commented on the company. Jefferies Financial Group set a €520.00 ($584.27) price target on Kering and gave the company a neutral rating in a research note on Tuesday, July 28th. Morgan Stanley set a €535.00 ($601.12) price target on Kering and gave the company a neutral rating in a research note on Friday, April 24th. Sanford C. Bernstein set a €550.00 ($617.98) price target on Kering and gave the company a neutral rating in a research note on Tuesday, July 28th. Deutsche Bank set a €455.00 ($511.24) price target on Kering and gave the company a neutral rating in a research note on Wednesday, April 22nd. Finally, Credit Suisse Group set a €540.00 ($606.74) price objective on Kering and gave the stock a buy rating in a research note on Friday, June 26th. Six analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The stock currently has an average rating of Buy and a consensus price target of €552.60 ($620.90).
The company’s 50 day moving average price is €497.65 and its 200-day moving average price is €496.88. Kering has a 12 month low of €231.35 ($259.94) and a 12 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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