Hauck & Aufhaeuser Analysts Give Krones (KRN) a €100.00 Price Target
Several other brokerages also recently issued reports on KRN. Baader Bank set a €130.00 ($151.16) price objective on Krones and gave the stock a buy rating in a research report on Tuesday, July 17th. Commerzbank set a €120.00 ($139.53) price objective on Krones and gave the stock a neutral rating in a research report on Wednesday, July 18th. Kepler Capital Markets set a €127.00 ($147.67) price objective on Krones and gave the stock a buy rating in a research report on Tuesday, July 3rd. DZ Bank reiterated a buy rating on shares of Krones in a research report on Tuesday, June 19th. Finally, UBS Group set a €115.00 ($133.72) price objective on Krones and gave the stock a neutral rating in a research report on Friday, July 6th. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating and four have given a buy rating to the stock. The stock has a consensus rating of Hold and an average price target of €110.80 ($128.84).
Shares of ETR KRN opened at €84.50 ($98.26) on Wednesday. Krones has a 12-month low of €98.70 ($114.77) and a 12-month high of €121.25 ($140.99).
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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