Goldman Sachs Group set a €608.00 ($706.98) price objective on Kering (EPA:KER) in a research report released on Wednesday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Several other brokerages also recently weighed in on KER. Royal Bank of Canada set a €630.00 ($732.56) price objective on Kering and gave the stock a buy rating in a research report on Monday, January 13th. UBS Group restated a buy rating and set a price objective on shares of Kering in a research report on Friday, February 7th. Jefferies Financial Group set a €700.00 ($813.95) price objective on Kering and gave the stock a buy rating in a research report on Monday, January 20th. Sanford C. Bernstein set a €540.00 ($627.91) price objective on Kering and gave the stock a neutral rating in a research report on Wednesday, January 8th. Finally, Deutsche Bank set a €580.00 ($674.42) price objective on Kering and gave the stock a neutral rating in a research report on Thursday, January 16th. Five analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The stock presently has an average rating of Buy and an average price target of €601.00 ($698.84).
Shares of KER stock opened at €579.40 ($673.72) on Wednesday. Kering has a twelve month low of €231.35 ($269.01) and a twelve month high of €417.40 ($485.35). The business has a fifty day simple moving average of €582.80 and a 200 day simple moving average of €514.19.
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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