Kering (EPA:KER) has earned a consensus recommendation of “Buy” from the sixteen analysts that are currently covering the firm, Marketbeat.com reports. Four investment analysts have rated the stock with a hold rating and twelve have issued a buy rating on the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is €425.67 ($525.51).
KER has been the subject of a number of recent research reports. Societe Generale set a €457.00 ($564.20) price objective on shares of Kering and gave the company a “buy” rating in a research report on Wednesday, December 6th. Goldman Sachs set a €410.00 ($506.17) price objective on shares of Kering and gave the company a “buy” rating in a research report on Tuesday, February 13th. Kepler Capital Markets set a €460.00 ($567.90) price objective on shares of Kering and gave the company a “buy” rating in a research report on Thursday, January 25th. Deutsche Bank set a €390.00 ($481.48) price objective on shares of Kering and gave the company a “neutral” rating in a research report on Monday, January 22nd. Finally, Berenberg Bank set a €426.00 ($525.93) price objective on shares of Kering and gave the company a “buy” rating in a research report on Monday, December 11th.
Shares of KER stock traded down €4.60 ($5.68) on Wednesday, reaching €381.90 ($471.48). 283,539 shares of the company’s stock were exchanged, compared to its average volume of 233,612. The stock has a market cap of $48,230.00 and a price-to-earnings ratio of 26.88. Kering has a 1-year low of €231.35 ($285.62) and a 1-year high of €417.40 ($515.31).
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Kering Company Profile
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.
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