Kering (KER)

Index:

CAC 40

  208.45
   
  • Change Today:
     -6.50
  • 52 Week High:  434.50
  • 52 Week Low:  206.55
  • Currency: Euro
  • Shares Issued: 122.58m
  • Volume: 423,991
  • Market Cap:  25,552m
  • Beta: 1.58

Barclays initiates coverage of 11 luxury stocks after de-rating

By Michele Maatouk

Date: Wednesday 22 Sep 2021

LONDON (ShareCast) - (Sharecast News) - Barclays initiated coverage on Wednesday of 11 stocks in the European luxury goods sector.
The bank said it's a secular growth and high-quality sector that has been trading at all-time highs, but the recent de-rating presents a "buying opportunity".

Barclays stated Swatch, Prada, LVMH, Richemont and Kering at 'overweight'. Meanwhile, Hermes, Moncler, Mulberry and Burberry were started at 'equalweight'. Tod's and Ferragamo were started at 'underweight' .

The bank said its preferred names are Swatch and LVMH, while its least preferred is Tod's.

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Kering Market Data

Currency Euro
Share Price   208.45
Change Today   -6.50
% Change -3.02 %
52 Week High  434.50
52 Week Low  206.55
Volume 423,991
Shares Issued 122.58m
Market Cap  25,552m
Beta 1.58

What The Brokers Say

Strong Buy 4
Buy 0
Neutral 17
Sell 1
Strong Sell 2
Total 24
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Trades for 21-Nov-2024

Time Volume / Share Price
17:35 21 @  208.45
17:35 22 @  208.45
17:35 10 @  208.45
17:35 98 @  208.45
17:35 49 @  208.45

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