KRN has been the subject of several other research reports. Hauck & Aufhaeuser set a €100.00 ($116.28) price target on Krones and gave the stock a neutral rating in a research note on Thursday, September 20th. Berenberg Bank set a €95.00 ($110.47) price target on Krones and gave the stock a sell rating in a research note on Friday, July 27th. Commerzbank set a €120.00 ($139.53) price target on Krones and gave the stock a neutral rating in a research note on Thursday, July 26th. HSBC set a €106.00 ($123.26) price target on Krones and gave the stock a neutral rating in a research note on Wednesday, September 26th. Finally, Baader Bank set a €130.00 ($151.16) price target on Krones and gave the stock a buy rating in a research note on Thursday. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and four have assigned a buy rating to the company’s stock. The stock has an average rating of Hold and an average target price of €109.93 ($127.83).
Shares of KRN stock traded down €2.10 ($2.44) on Friday, hitting €80.15 ($93.20). 90,306 shares of the stock were exchanged, compared to its average volume of 33,680. Krones has a one year low of €98.70 ($114.77) and a one year high of €121.25 ($140.99).
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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