Kering: an ugly duckling or is there value there?This analysis is provided by Eden Bradfeld at BlackBull Research.
Kering is trading under the 200 EUR mark, at 190 EUR per share. That’s roughly 1.57x price/book and 1.4x price/sales.
Remember — Kering not only owns Gucci, but also Bottega, Saint Laurent, Balenciaga, McQueen, Brioni, Boucheron, e
