Kering (KER) Stock Rating Reaffirmed by Goldman Sachs Group

Goldman Sachs Group reaffirmed their buy rating on shares of Kering (EPA:KER) in a research report sent to investors on Thursday, April 11th, Borsen Zeitung reports. Goldman Sachs Group currently has a target price on the stock.

A number of other equities analysts have also weighed in on the stock. Kepler Capital Markets set a €600.00 ($697.67) price target on shares of Kering and gave the company a buy rating in a report on Wednesday, April 3rd. JPMorgan Chase & Co. set a €570.00 ($662.79) price target on shares of Kering and gave the company a buy rating in a report on Wednesday, April 3rd. Deutsche Bank set a €530.00 ($616.28) target price on shares of Kering and gave the company a buy rating in a research note on Monday, April 1st. HSBC set a €600.00 ($697.67) target price on shares of Kering and gave the company a buy rating in a research note on Monday, April 1st. Finally, Royal Bank of Canada set a €565.00 ($656.98) target price on shares of Kering and gave the company a buy rating in a research note on Friday, March 29th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and ten have issued a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and an average price target of €539.80 ($627.67).

Shares of KER traded up €5.80 ($6.74) during mid-day trading on Thursday, reaching €526.00 ($611.63). The company had a trading volume of 107,264 shares, compared to its average volume of 233,612. Kering has a fifty-two week low of €231.35 ($269.01) and a fifty-two week high of €417.40 ($485.35).

Kering Company Profile

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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