TD Cowen cuts target for Kering stock to EUR 235.00
Published on 10/14/2026 at 09:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSFresh targets meet weaker Gucci results
- TD Cowen lowered its Kering target from EUR 280 to EUR 235 on October 13, 2026.
- First-half revenue reached EUR 7.22 billion, up 1.00 percent on a comparable basis.
- Kering stock trades at EUR 212.60 at 9:33 a.m. CEST at Lang & Schwarz on October 14, 2026.
Kering (FR0000121485) was trading at EUR 212.60 at Lang & Schwarz on October 14, 2026 at 9:33 a.m. CEST. Ideal Investor reported that TD Cowen lowered its Kering target from EUR 280 to EUR 235 on October 13, 2026, keeping the latest analyst debate firmly centered on the luxury group's recovery.
TD Cowen cuts its target
The target reduction came as Kering remained among the weaker names in the CAC 40. Markets Insider said DBS maintained a Hold rating with a EUR 230.00 target in a report released on October 12, 2026.
Three developments shape the stock
On October 2, 2026, Markets Insider reported that JPMorgan cut its target from EUR 235.00 to EUR 215.00 and kept an Underweight rating. On October 9, 2026, Kering announced Anthony Vaccarello's departure from Saint Laurent after guiding the brand since 2016, according to Ideal Investor. TD Cowen's October 13 target cut was the latest of the three events.
What does Gucci's decline mean?
Kering's first-half 2026 revenue reached EUR 7.22 billion, up 1.00 percent on a comparable basis, while group net income fell 60.00 percent to EUR 189.00 million, according to Ideal Investor. Gucci revenue declined 5.00 percent on a comparable basis, showing why analysts continue to distinguish group-level stabilization from brand-level recovery.
Results dates remain ahead
Kering's third-quarter 2026 results are scheduled for October 22, 2026, according to Ideal Investor. Investing.com lists October 29, 2026 as Kering's next earnings date, creating a second calendar marker for investors tracking the next update.
Stock price before the results
Kering stock was trading at EUR 212.60 at Lang & Schwarz on October 14, 2026 at 9:33 a.m. CEST. The latest one-year range cited for Kering was EUR 203.20 to EUR 354.20, leaving the share EUR 9.40 above its low. The further course of trading is shown by the continuously updated real-time quote of Kering stock.
Kering stock facts
- Company: Kering S.A.
- ISIN: FR0000121485
- Ticker: KER.PA
- Primary exchange: Euronext Paris
- Price Lang & Schwarz (as of October 14, 2026, 9:33 a.m. CEST): EUR 212.60
- Market capitalization: EUR 26.1 billion (as of October 14, 2026)
- 52-week range: EUR 203.20-354.20 (as of October 12, 2026)
- Sector / Industry: Consumer Discretionary / Apparel and Accessories
- Index membership: CAC 40
- Next earnings date: October 29, 2026
Market context: Market report CAC 40.
