Several other research analysts have also recently issued reports on KRN. Berenberg Bank set a €105.00 ($125.00) target price on Krones AG and gave the stock a neutral rating in a research report on Wednesday, June 21st. Nord/LB set a €98.00 ($116.67) target price on Krones AG and gave the stock a neutral rating in a research report on Wednesday, June 28th. HSBC Holdings plc set a €117.00 ($139.29) target price on Krones AG and gave the stock a buy rating in a research report on Friday, June 30th. Commerzbank Ag set a €115.00 ($136.90) target price on Krones AG and gave the stock a buy rating in a research report on Thursday, July 13th. Finally, Baader Bank set a €110.00 ($130.95) target price on Krones AG and gave the stock a buy rating in a research report on Thursday, July 13th. Ten equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Krones AG presently has a consensus rating of Hold and a consensus price target of €109.68 ($130.58).
Shares of Krones AG (ETR KRN) opened at 114.85 on Wednesday. The company has a 50-day moving average price of €106.01 and a 200-day moving average price of €106.31. Krones AG has a 52 week low of €80.90 and a 52 week high of €115.00. The company has a market capitalization of €3.63 billion and a PE ratio of 20.23.
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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.
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