Kering (KER) Given “Buy” Rating at UBS
UBS restated their buy rating on shares of Kering (EPA:KER) in a report issued on Monday morning, www.boersen-zeitung.de reports.
KER has been the topic of several other reports. Deutsche Bank set a €390.00 ($481.48) price target on shares of Kering and gave the stock a neutral rating in a research note on Monday, January 22nd. Royal Bank of Canada set a €405.00 ($500.00) target price on shares of Kering and gave the stock a neutral rating in a research note on Thursday, January 11th. Berenberg Bank set a €450.00 ($555.56) target price on shares of Kering and gave the stock a buy rating in a research note on Tuesday, January 9th. Morgan Stanley set a €380.00 ($469.14) target price on shares of Kering and gave the stock a neutral rating in a research note on Wednesday, February 14th. Finally, Kepler Capital Markets set a €460.00 ($567.90) target price on shares of Kering and gave the stock a buy rating in a research note on Thursday, January 25th. Four investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. The company presently has an average rating of Buy and a consensus target price of €437.00 ($539.51).
KER stock opened at €381.90 ($471.48) on Monday. Kering has a one year low of €231.35 ($285.62) and a one year high of €417.40 ($515.31).
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.
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