Kering (EPA:KER) Given a €520.00 Price Target by BNP Paribas Analysts

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Kering (EPA:KER) has been assigned a €520.00 ($604.65) price target by analysts at BNP Paribas in a research report issued to clients and investors on Tuesday, Borsen Zeitung reports. The firm currently has a “neutral” rating on the stock. BNP Paribas’ target price points to a potential upside of 12.47% from the stock’s current price.

Several other analysts also recently issued reports on KER. Credit Suisse Group set a €525.00 ($610.47) target price on Kering and gave the company a “neutral” rating in a research note on Friday, July 26th. UBS Group set a €525.00 ($610.47) price objective on Kering and gave the stock a “neutral” rating in a research note on Friday, July 26th. Royal Bank of Canada set a €575.00 ($668.60) price objective on Kering and gave the stock a “buy” rating in a research note on Monday, July 29th. Bank of America set a €525.00 ($610.47) price objective on Kering and gave the stock a “buy” rating in a research note on Friday, September 13th. Finally, Deutsche Bank set a €520.00 ($604.65) price objective on Kering and gave the stock a “neutral” rating in a research note on Friday, July 26th. Four investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of €549.60 ($639.07).

Shares of KER opened at €462.35 ($537.62) on Tuesday. The company’s 50 day simple moving average is €449.14. Kering has a 12-month low of €231.35 ($269.01) and a 12-month high of €417.40 ($485.35).

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 T-shirts, sweatshirts, polo shirts, etc., as well as ready-to-wear products for men and women.

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Analyst Recommendations for Kering (EPA:KER)

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