Krones AG (KRN) Given a €105.00 Price Target by Berenberg Bank Analysts
Several other brokerages have also commented on KRN. Baader Bank set a €110.00 ($130.95) price objective on Krones AG and gave the company a buy rating in a report on Friday, July 21st. DZ Bank AG reiterated a buy rating on shares of Krones AG in a report on Friday, July 21st. Warburg Research set a €111.70 ($132.98) price objective on Krones AG and gave the company a neutral rating in a report on Friday, July 21st. HSBC Holdings plc set a €117.00 ($139.29) price objective on Krones AG and gave the company a buy rating in a report on Wednesday, August 2nd. Finally, Deutsche Bank AG set a €106.00 ($126.19) price objective on Krones AG and gave the company a neutral rating in a report on Monday, May 29th. Ten analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Krones AG presently has an average rating of Hold and an average target price of €109.68 ($130.58).
Shares of Krones AG (ETR:KRN) opened at 115.40 on Thursday. The company has a market cap of €3.65 billion and a price-to-earnings ratio of 20.33. Krones AG has a 12-month low of €80.90 and a 12-month high of €116.00. The firm has a 50 day moving average price of €106.39 and a 200-day moving average price of €106.62.
Krones AG Company Profile
Krones AG, together with its subsidiaries, engages in planning, developing, and manufacturing machinery and systems for the fields of process technology, filling and packaging technology, and intralogistics in Germany and internationally. The company operates through three segments: Machines and Lines for Product Filling and Decoration, Machines and Lines for Beverage Production/Process Technology, and Machines and Lines for the Compact Class.
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