Jefferies Group Reiterates “€465.00” Price Target for Kering (KER)
Several other research analysts have also recently commented on the stock. Barclays set a €430.00 ($511.90) target price on shares of Kering and gave the stock a buy rating in a research report on Monday. Sanford C. Bernstein set a €400.00 ($476.19) target price on shares of Kering and gave the stock a neutral rating in a research report on Thursday, January 11th. Berenberg Bank set a €450.00 ($535.71) target price on shares of Kering and gave the stock a buy rating in a research report on Monday. Royal Bank of Canada set a €405.00 ($482.14) target price on shares of Kering and gave the stock a neutral rating in a research report on Thursday, January 11th. Finally, UBS Group set a €415.00 ($494.05) target price on shares of Kering and gave the stock a buy rating in a research report on Tuesday, January 9th. Four analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. The stock presently has a consensus rating of Buy and an average target price of €393.54 ($468.50).
Shares of Kering (EPA KER) traded up €11.30 ($13.45) during trading hours on Tuesday, hitting €412.10 ($490.60). 269,737 shares of the company were exchanged, compared to its average volume of 191,537. Kering has a twelve month low of €219.40 ($261.19) and a twelve month high of €415.00 ($494.05). The company has a market cap of $52,040.00 and a P/E ratio of 43.65.
ILLEGAL ACTIVITY WARNING: This article was first reported by TheOlympiaReport and is owned by of TheOlympiaReport. If you are accessing this article on another publication, it was illegally copied and republished in violation of international copyright and trademark law. The original version of this article can be accessed at https://theolympiareport.com/2018/01/19/jefferies-group-reiterates-465-00-price-target-for-kering-ker.html.
Kering société anonyme, through its subsidiaries, designs, manufactures, and distributes apparel and accessories worldwide. The company offers leather goods, jewelry, and watches under Gucci, Bottega Veneta, Saint Laurent, Alexander McQueen, Balenciaga, Brioni, Christopher Kane, McQ, Stella McCartney, Tomas Maier, Boucheron, Dodo, Girard-Perregaux, Pomellato, Qeelin, and Ulysse Nardin brand names.
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.