Eight brokers cut Kering targets as Kering stock sits 39.78 percent below its high

Published on 10/06/2026 at 13:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half revenue reached EUR 7.22 billion, up 1.00 percent comparably. Kering stock costs EUR 213.30 on October 6, 2026 versus EUR 209.88.

Trading-Floor der Euronext Paris mit Charts und Blick auf die Stadt — Editorial-Aufnahme vom Handelsraum der Euronext Paris zeigt Marktumfeld von Kering S.A. mit ISIN FR0000121485 heute, Illustration mit AI erstellt.

Kering (ISIN FR0000121485) was trading at EUR 213.30 at Lang & Schwarz on October 6, 2026 at 1:18 p.m. CEST, up 1.63 percent versus the prior close of EUR 209.88. Eight brokers cut their Kering targets on October 2, 2026, while the stock remained 39.78 percent below its EUR 354.20 52-week high.

Eight targets move lower

According to Ideal Investor on October 2, 2026, CIC kept a buy rating while cutting its target from EUR 320.00 to EUR 300.00. Barclays reduced its target from EUR 310.00 to EUR 300.00, Oddo BHF from EUR 255.00 to EUR 248.00, and JP Morgan from EUR 235.00 to EUR 215.00.

The same Ideal Investor report said Jefferies moved to EUR 220.00 from EUR 260.00, Morgan Stanley to EUR 250.00 from EUR 320.00, HSBC to EUR 300.00 from EUR 305.00, and Citi to EUR 243.00 from EUR 282.00. The median target stood at EUR 280.00, which is 31.29 percent above the EUR 213.30 Lang & Schwarz price when compared in the same currency.

Growth returns, but Gucci lags

Kering reported EUR 7.22 billion of revenue in the first half of 2026, up 1.00 percent on a comparable basis, according to Kering. The company published those results on July 28, 2026, and its finance page identifies the reporting period as the first half of 2026.

According to Ideal Investor on October 2, 2026, net income attributable to the group fell 60.00 percent to EUR 189.00 million in the first half, while Gucci revenue declined 5.00 percent on a comparable basis. The counterweight was second-quarter comparable growth of 2.00 percent, an improvement from the first quarter.

Stock stays below its yearly high

Kering has a market capitalization of EUR 26.2 billion as of October 6, 2026. Its current EUR 213.30 price is 39.78 percent below the EUR 354.20 52-week high and 4.97 percent above the EUR 203.20 52-week low, placing the share closer to its yearly floor than its peak.

The listing identity is confirmed by Euronext, which assigns Kering to Euronext Paris under ISIN FR0000121485. The stock trades under ticker KER and belongs to the CAC 40, while the business is classified as consumer cyclical and luxury goods.

Trading reference for October 6

Kering was trading at EUR 213.30 at Lang & Schwarz on October 6, 2026 at 1:18 p.m. CEST, up 1.63 percent versus the Lang & Schwarz prior close of EUR 209.88 on October 5, 2026. The next course of trading is shown by the continuously updated real-time quote of Kering stock.