Kering (EPA:KER) Given a €645.00 Price Target by UBS Group Analysts

Kering (EPA:KER) has been assigned a €645.00 ($750.00) target price by investment analysts at UBS Group in a research note issued to investors on Thursday, Borsen Zeitung reports. The firm currently has a “buy” rating on the stock. UBS Group’s target price points to a potential upside of 11.32% from the stock’s current price.

A number of other research firms have also recently weighed in on KER. Kepler Capital Markets set a €700.00 ($813.95) price objective on shares of Kering and gave the stock a “buy” rating in a research report on Wednesday. Jefferies Financial Group set a €700.00 ($813.95) price objective on shares of Kering and gave the stock a “buy” rating in a research report on Monday, January 20th. Bank of America set a €635.00 ($738.37) price objective on shares of Kering and gave the stock a “buy” rating in a research report on Thursday, January 9th. Royal Bank of Canada set a €630.00 ($732.56) price objective on shares of Kering and gave the stock a “buy” rating in a research report on Monday, January 13th. Finally, Sanford C. Bernstein set a €540.00 ($627.91) price objective on shares of Kering and gave the stock a “neutral” rating in a research report on Wednesday. Five investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of €601.00 ($698.84).

EPA:KER opened at €579.40 ($673.72) on Thursday. The company has a 50 day moving average price of €582.80 and a 200 day moving average price of €514.19. Kering has a fifty-two week low of €231.35 ($269.01) and a fifty-two week 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 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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