Jefferies Group Reiterates “€465.00” Price Target for Kering (KER)

Jefferies Group set a €465.00 ($553.57) target price on Kering (EPA:KER) in a research report released on Tuesday. The firm currently has a buy rating on the stock.

KER has been the topic of a number of other research reports. Royal Bank of Canada set a €405.00 ($482.14) price objective on shares of Kering and gave the stock a neutral rating in a report on Thursday, January 11th. Berenberg Bank set a €450.00 ($535.71) price objective on shares of Kering and gave the stock a buy rating in a report on Tuesday, January 9th. UBS Group reiterated a buy rating on shares of Kering in a report on Friday, October 6th. Deutsche Bank set a €385.00 ($458.33) price objective on shares of Kering and gave the stock a neutral rating in a report on Tuesday, December 5th. Finally, Societe Generale set a €457.00 ($544.05) price objective on shares of Kering and gave the stock a buy rating in a report on Wednesday, December 6th. Four research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. The stock presently has a consensus rating of Buy and a consensus price target of €393.54 ($468.50).

Shares of Kering (KER) traded up €11.30 ($13.45) during mid-day trading on Tuesday, reaching €412.10 ($490.60). 269,737 shares of the company’s stock were exchanged, compared to its average volume of 191,537. Kering has a 52-week low of €219.40 ($261.19) and a 52-week high of €415.00 ($494.05). The firm has a market cap of $52,040.00 and a price-to-earnings ratio of 43.65.

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About Kering

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.

Analyst Recommendations for Kering (EPA:KER)

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