Kering (KER) PT Set at €510.00 by Credit Suisse Group
Kering (EPA:KER) received a €510.00 ($593.02) price objective from investment analysts at Credit Suisse Group in a report issued on Friday. The brokerage presently has a “neutral” rating on the stock. Credit Suisse Group’s price objective would indicate a potential upside of 33.54% from the stock’s current price.
A number of other research firms have also recently commented on KER. Societe Generale set a €570.00 ($662.79) price objective on Kering and gave the stock a “buy” rating in a research report on Wednesday, June 27th. HSBC set a €590.00 ($686.05) price target on Kering and gave the company a “buy” rating in a report on Wednesday, June 27th. JPMorgan Chase & Co. set a €555.00 ($645.35) price target on Kering and gave the company a “buy” rating in a report on Friday, July 27th. UBS Group set a €545.00 ($633.72) price target on Kering and gave the company a “buy” rating in a report on Wednesday, July 4th. Finally, Goldman Sachs Group set a €605.00 ($703.49) price target on Kering and gave the company a “buy” rating in a report on Friday, September 7th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and eleven have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of €526.38 ($612.06).
Kering stock opened at €381.90 ($444.07) on Friday. 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 outerwear, denims, T-shirts, and formalwear for men, as well as ready-to-wear products for women.
See Also: Cash Flow
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