Krones (ETR:KRN) Given a €102.00 Price Target at Warburg Research

Warburg Research set a €102.00 ($118.60) target price on Krones (ETR:KRN) in a research note issued to investors on Thursday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

Other equities analysts have also issued research reports about the company. Independent Research set a €79.00 ($91.86) target price on Krones and gave the stock a neutral rating in a research note on Monday, May 20th. Kepler Capital Markets reissued a buy rating and set a $134.00 target price on shares of Airbus in a research note on Tuesday, April 30th. HSBC set a $122.00 target price on Tiffany & Co. and gave the stock a buy rating in a research note on Friday, June 14th. Hauck & Aufhaeuser set a €74.00 ($86.05) target price on Krones and gave the stock a neutral rating in a research note on Monday, April 29th. Finally, DZ Bank reaffirmed a neutral rating on shares of Takkt in a research report on Monday, May 6th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and six have given a buy rating to the company’s stock. The stock currently has an average rating of Hold and an average target price of €84.54 ($98.30).

KRN opened at €53.80 ($62.56) on Thursday. The business’s 50-day moving average price is €69.62. Krones has a 12-month low of €63.80 ($74.19) and a 12-month high of €119.60 ($139.07). The company has a current ratio of 1.51, a quick ratio of 1.18 and a debt-to-equity ratio of 19.58. The firm has a market cap of $1.70 billion and a price-to-earnings ratio of 11.44.

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.

Read More: Green Investing

Analyst Recommendations for Krones (ETR:KRN)

Receive News & Ratings for Krones Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Krones and related companies with MarketBeat.com's FREE daily email newsletter.