ubs maintains neutral rating for kering with target price of 227 euros

Kering's third-quarter sales figures have led UBS to maintain its "Neutral" rating for the luxury goods group, with a target price of 227 euros.

Analyst Zuzanna Pusz has highlighted the challenges Kering is facing in the current market environment based on the revenue data.

Kering's stock price in the latest trading session was 235.25 euros, showing a 3.23% increase. The stock has experienced fluctuations, reaching a high of 438.95 euros and a low of 216.15 euros over the year. Trading activity has been observed on various platforms, including Tradegate and Frankfurt, with prices ranging from 234.75 euros to 236.30 euros.

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