Kering SA
KER: XPAR (FRA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| s@% | LOCK|KyTvQ | LOCK|XJHF$! |
Kering: Gucci's Appointment of New CEO Is Positive, but Long Road Ahead; Shares Cheap
We are retaining our fair value estimate of EUR 448 for narrow-moat Kering, following the appointment of new Gucci CEO Stefano Cantino. Shares are trading in 5-star territory with 80% upside to our fair value estimate.
