Kering (KER) Receives Average Recommendation of “Buy” from Analysts

Shares of Kering (EPA:KER) have earned an average recommendation of “Buy” from the seventeen brokerages that are presently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, four have issued a hold rating and twelve have given a buy rating to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is €504.50 ($586.63).

Several research analysts have recently issued reports on the company. BNP Paribas set a €470.00 ($546.51) price target on Kering and gave the stock a “sell” rating in a research report on Friday, August 10th. Morgan Stanley set a €460.00 ($534.88) price target on Kering and gave the stock a “neutral” rating in a research report on Thursday, August 2nd. Royal Bank of Canada set a €520.00 ($604.65) price target on Kering and gave the stock a “neutral” rating in a research report on Wednesday, August 1st. Deutsche Bank set a €500.00 ($581.40) price target on Kering and gave the stock a “neutral” rating in a research report on Friday, July 27th. Finally, Kepler Capital Markets set a €600.00 ($697.67) price target on Kering and gave the stock a “buy” rating in a research report on Friday, July 27th.

Shares of EPA:KER traded down €4.60 ($5.35) during midday trading on Thursday, hitting €381.90 ($444.07). The company had a trading volume of 283,539 shares, compared to its average volume of 233,612. Kering has a 12 month low of €231.35 ($269.01) and a 12 month high of €417.40 ($485.35).

About Kering

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.

Recommended Story: What are retained earnings?

Analyst Recommendations for Kering (EPA:KER)

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.


Leave a Reply