JPMorgan Chase & Co. set a €525.00 ($610.47) target price on Kering (EPA:KER) in a research report sent to investors on Monday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
A number of other research analysts have also recently commented on KER. Sanford C. Bernstein set a €440.00 ($511.63) target price on Kering and gave the company a neutral rating in a research note on Friday, March 20th. Deutsche Bank set a €530.00 ($616.28) target price on Kering and gave the company a neutral rating in a research note on Thursday, March 12th. Royal Bank of Canada set a €615.00 ($715.12) target price on Kering and gave the company a buy rating in a research note on Tuesday, March 3rd. Credit Suisse Group set a €595.00 ($691.86) target price on Kering and gave the company a neutral rating in a research note on Friday, February 14th. Finally, UBS Group set a €612.00 ($711.63) target price on Kering and gave the company a buy rating in a research note on Monday. Five investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The company presently has a consensus rating of Buy and an average target price of €575.07 ($668.69).
KER opened at €492.35 ($572.50) on Monday. The stock’s 50 day moving average price is €500.53 and its 200-day moving average price is €519.18. Kering has a one year low of €231.35 ($269.01) and a one year 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 T-shirts, sweatshirts, polo shirts, etc., as well as ready-to-wear products for men and women.
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