Krones AG (KRN) PT Set at €112.00 by Independent Research GmbH

Independent Research GmbH set a €112.00 ($131.76) price objective on Krones AG (ETR:KRN) in a report issued on Thursday morning. The firm currently has a neutral rating on the stock.

KRN has been the topic of a number of other research reports. UBS AG set a €105.50 ($124.12) target price on Krones AG and gave the stock a neutral rating in a report on Thursday, July 20th. Nord/LB set a €98.00 ($115.29) target price on Krones AG and gave the stock a neutral rating in a report on Wednesday, June 28th. Commerzbank Ag set a €120.00 ($141.18) target price on Krones AG and gave the stock a neutral rating in a report on Monday, September 25th. HSBC Holdings plc set a €117.00 ($137.65) target price on Krones AG and gave the stock a buy rating in a report on Friday, June 30th. Finally, Berenberg Bank set a €105.00 ($123.53) target price on Krones AG and gave the stock a neutral rating in a report on Thursday, September 21st. Two investment 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 AG presently has a consensus rating of Hold and an average price target of €110.25 ($129.71).

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

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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.

Analyst Recommendations for Krones AG (ETR:KRN)

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