Krones (ETR:KRN) has been given a €87.00 ($101.16) price objective by equities research analysts at Hauck & Aufhaeuser in a research note issued to investors on Wednesday, Borsen Zeitung reports. The brokerage currently has a “buy” rating on the stock. Hauck & Aufhaeuser’s price objective would indicate a potential upside of 24.11% from the stock’s previous close.
KRN has been the subject of several other reports. DZ Bank reiterated a “neutral” rating on shares of Krones in a report on Friday, January 10th. HSBC set a €72.00 ($83.72) target price on shares of Krones and gave the stock a “buy” rating in a report on Friday, September 27th. Independent Research set a €70.00 ($81.40) target price on shares of Krones and gave the stock a “neutral” rating in a report on Monday, January 6th. Warburg Research set a €72.90 ($84.77) target price on shares of Krones and gave the stock a “buy” rating in a report on Friday, December 13th. Finally, Deutsche Bank set a €68.00 ($79.07) target price on shares of Krones and gave the stock a “neutral” rating in a report on Monday. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of €64.99 ($75.57).
Shares of KRN opened at €70.10 ($81.51) on Wednesday. Krones has a one year low of €47.46 ($55.19) and a one year high of €88.85 ($103.31). The company has a 50-day moving average of €67.03 and a two-hundred day moving average of €58.67. The stock has a market cap of $2.21 billion and a price-to-earnings ratio of 24.16. The company has a debt-to-equity ratio of 23.09, a current ratio of 1.40 and a quick ratio of 1.08.
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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