Deutsche Bank AG set a €117.00 ($137.65) target price on Krones AG (ETR:KRN) in a research note released on Thursday morning. The brokerage currently has a neutral rating on the stock.

KRN has been the subject of a number of other research reports. DZ Bank AG restated a buy rating on shares of Krones AG in a research report on Tuesday, September 26th. S&P Global set a €100.00 ($117.65) price objective on Krones AG and gave the company a sell rating in a research report on Thursday. Warburg Research set a €110.30 ($129.76) price objective on Krones AG and gave the company a neutral rating in a research report on Thursday. Commerzbank Ag set a €115.00 ($135.29) price objective on Krones AG and gave the company a buy rating in a research report on Thursday, July 13th. Finally, BNP Paribas set a €108.00 ($127.06) price objective on Krones AG and gave the company a neutral rating in a research report on Friday, July 21st. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and two have assigned a buy rating to the company. The stock has an average rating of Hold and a consensus target price of €110.25 ($129.71).

Shares of Krones AG (ETR KRN) opened at 109.03 on Thursday. The firm’s 50-day moving average price is €114.00 and its 200 day moving average price is €108.86. The company has a market cap of €3.45 billion and a price-to-earnings ratio of 19.21. Krones AG has a 52 week low of €82.98 and a 52 week high of €122.43.

WARNING: This news story was first reported by Daily Political and is the property of of Daily Political. If you are reading this news story on another site, it was illegally copied and reposted in violation of US and international trademark & copyright laws. The correct version of this news story can be viewed at https://www.dailypolitical.com/2017/10/30/deutsche-bank-ag-analysts-give-krones-ag-krn-a-117-00-price-target.html.

About Krones AG

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.

Analyst Recommendations for Krones AG (ETR:KRN)

Receive News & Ratings for Krones AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Krones AG and related companies with MarketBeat.com's FREE daily email newsletter.