Royal Bank of Canada Analysts Give Kering (KER) a €505.00 Price Target

Kering (EPA:KER) has been given a €505.00 ($587.21) price objective by equities research analysts at Royal Bank of Canada in a report released on Friday. The brokerage currently has a “neutral” rating on the stock. Royal Bank of Canada’s target price would indicate a potential upside of 32.23% from the stock’s previous close.

KER has been the topic of several other reports. Goldman Sachs Group set a €485.00 ($563.95) price target on shares of Kering and gave the stock a “buy” rating in a research note on Wednesday, March 28th. Societe Generale set a €475.00 ($552.33) price target on shares of Kering and gave the stock a “buy” rating in a research note on Monday, March 5th. UBS Group reissued a “buy” rating on shares of Kering in a research note on Monday, April 16th. Credit Suisse Group set a €540.00 ($627.91) price target on shares of Kering and gave the stock a “buy” rating in a research note on Wednesday. Finally, Berenberg Bank set a €480.00 ($558.14) price target on shares of Kering and gave the stock a “buy” rating in a research note on Monday, May 14th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and eleven have assigned a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of €490.61 ($570.47).

Kering opened at €381.90 ($444.07) on Friday, according to MarketBeat Ratings. Kering has a 52-week low of €231.35 ($269.01) and a 52-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 outerwear, denims, T-shirts, and formalwear for men, as well as ready-to-wear products for women.

Analyst Recommendations for Kering (EPA:KER)

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