UBS, a Swiss bank, has given Kering a "Neutral" rating and set a target price of 228 euros.
Kering recently reached an agreement with investment firm Ardian regarding three high-end properties in Paris. This move is part of Kering's strategy to remove recent real estate investments from its balance sheet due to the challenging financial landscape. Analyst Zuzanna Pusz believes that the market will respond positively to this development, as it demonstrates Kering's proactive approach to addressing its financial position.
The study, which was published on January 15, 2025, highlights Kering's efforts to streamline its assets in response to current economic pressures.