Krones (ETR:KRN) Given a €62.00 Price Target at Baader Bank

Baader Bank set a €62.00 ($72.09) target price on Krones (ETR:KRN) in a report published on Monday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

Several other equities analysts have also recently commented on the company. DZ Bank reaffirmed a neutral rating on shares of Krones in a report on Wednesday, October 9th. Cfra set a €50.00 ($58.14) price target on Krones and gave the company a sell rating in a report on Thursday, July 11th. Kepler Capital Markets set a €50.00 ($58.14) price target on Krones and gave the company a sell rating in a report on Thursday, September 26th. Deutsche Bank set a €45.00 ($52.33) price target on Krones and gave the company a neutral rating in a report on Friday, July 26th. Finally, Hauck & Aufhaeuser set a €55.00 ($63.95) price target on Krones and gave the company a neutral rating in a report on Wednesday, August 21st. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have given a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and an average price target of €68.00 ($79.07).

Krones stock opened at €55.60 ($64.65) on Monday. The business has a 50 day moving average price of €54.31 and a two-hundred day moving average price of €64.20. The company has a quick ratio of 1.11, a current ratio of 1.44 and a debt-to-equity ratio of 17.79. The stock has a market cap of $1.76 billion and a price-to-earnings ratio of 16.39. Krones has a 12 month low of €47.46 ($55.19) and a 12 month high of €88.85 ($103.31).

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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Analyst Recommendations for Krones (ETR:KRN)

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