Krones (KRN) Receives “Buy” Rating from DZ Bank
A number of other research firms have also recently commented on KRN. set a €118.00 ($140.48) price target on shares of Krones and gave the stock a neutral rating in a research note on Friday, September 29th. Baader Bank set a €130.00 ($154.76) price target on shares of Krones and gave the stock a buy rating in a research note on Monday, November 27th. UBS Group set a €99.00 ($117.86) price target on shares of Krones and gave the stock a sell rating in a research note on Tuesday, October 17th. Deutsche Bank set a €117.00 ($139.29) price target on shares of Krones and gave the stock a neutral rating in a research note on Thursday, October 26th. Finally, Commerzbank set a €120.00 ($142.86) price target on shares of Krones and gave the stock a neutral rating in a research note on Monday, September 25th. Two 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. Krones has a consensus rating of Hold and an average target price of €110.41 ($131.44).
Krones (ETR KRN) traded down €0.70 ($0.83) during mid-day trading on Tuesday, hitting €111.90 ($133.21). 26,550 shares of the company were exchanged, compared to its average volume of 36,900. Krones has a 52-week low of €88.39 ($105.23) and a 52-week high of €121.25 ($144.35). The stock has a market cap of $3,540.00 and a PE ratio of 20.57.
Krones 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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