Kering SA
KER: XPAR (FRA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|mD | LOCK|rjYH | LOCK|B%#PH%v |
Kering: Q1 Shows Continuation of Weak Revenue Trends As Traffic Is Under Pressure; Shares Cheap
We are reducing our fair value estimate for narrow-moat Kering to EUR 360 from EUR 380 as the company reported continuing weak revenue trends in the first quarter.
