Accueil > Actualité
Actualite financiere : Actualite bourse

Kering:Invest Securities remains 'neutral' and raises target

( - Invest Securities maintains its 'Neutral' rating on the Kering share, upping its target price from 569 to 575 euros.

Invest considers that Kering's main issue is being faced with factors that are very specific to it including a relaunch of the Gucci brand that remains to be promoted, hard-to-swallow mistakes in Balenciaga's marketing and a certain loss of steam for BV and YSL.

In contrast, Kering's peers are riding a wave of impressive dynamics, leading the analyst to suspect that LV, Christian Dior and Hermes might be benefitting from direct transfers of market share.

The analyst concludes that meanwhile, 2023 risks being a year of transition for Kering at best, with increased downward sensitivity if the economic situation were to decline, which it considers probable in the USA, if not in Europe.

Copyright (c) 2023 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.




Qui sommes-nous ? | Nous contacter | FAQ | Mentions légales | RSS | © Copyright 2007 Cercle Finance. Tous droits réservés.