Accueil > Actualité
Actualite financiere : Actualite bourse

Kering: Jefferies downgrades stock

(CercleFinance.com) - Jefferies has downgraded its rating on the Kering stock from "buy" to "hold", judging that the luxury group's stock - which is parent company of Gucci and YSL in particular - has limited upside potential relative to its target price, which it has reduced by 16% to 505 euros.


Although we continue to think KER will emerge as one of the Sector winners in the MT and that H2 news flow reversal will be of consequence, we remain cautious on 2021 bounce back for the Sector," the broker said.


Copyright (c) 2020 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
 

societes

marches

tendances

 
Qui sommes-nous ? | Nous contacter | FAQ | Mentions légales | RSS | © Copyright 2007 Cercle Finance. Tous droits réservés.
Indices et cours différés d’au moins 15 mn | Cotations boursières fournies par ABC Bourse.