Kering SA (KER.PA)
| Previous close | 228.05 |
| Open | 228.50 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 228.35 - 233.30 |
| 52-week range | 225.50 - 476.15 |
| Volume | |
| Avg. volume | 273,387 |
| Market cap | 28.287B |
| Beta (5Y monthly) | 1.02 |
| PE ratio (TTM) | 13.52 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 14.00 (6.14%) |
| Ex-dividend date | 02 May 2024 |
| 1y target est | N/A |
- Yahoo Finance Video
Barclays downgrades Adidas, Burberry, and Kering. Here's why
Barclays analysts have adopted a bearish stance on the retail sector, downgrading three major brands: Adidas (ADS.DE), Burberry (BRBY.L), and Kering (KER.PA). This move comes as the analyst team observed continued weakness in China's consumer market, which they believe could weigh on the performance of these companies going forward. Morning Brief co-hosts Seana Smith and Brad Smith break down the details. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith
- Investing.com
Luxury stocks drop as analysts cut ratings on global slowdown
The global luxury sector is seeing a turbulence as analysts downgrade several major brands, citing a slowdown in key markets, especially China. Shares of Kering (EPA:PRTP) and Burberry Group (LON:BRBY) fell by 3.2% and 5.1%, respectively, at 5:51 AM ET. The once rapid luxury growth in China now appears to be facing structural challenges rather than just cyclical downturns, leading to sharp revisions in earnings forecasts and stock ratings for several key players, as per analysts at Barclays.
- Bloomberg
European luxury shares’ $240 billion rout is just the beginning
(Bloomberg) -- After enduring almost a quarter-trillion dollar hit to their market value in recent months, Europe’s luxury firms may see their stock-market clout wane further as China’s downturn worsens. Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisWorld's Second Tallest Tower Spurs Debate About Who Needs ItThe Plan for the World’s Most Ambitious Skyscraper RenovationUC Berkeley Gives Transfer Students a Purpose-Built Home on CampusRome May Start Charging Entry to t
