Baader Bank Reiterates €82.00 Price Target for Krones (ETR:KRN)

Baader Bank set a €82.00 ($95.35) price objective on Krones (ETR:KRN) in a research report report published on Tuesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

A number of other research firms also recently weighed in on KRN. Independent Research set a €70.00 ($81.40) price objective on Krones and gave the company a neutral rating in a report on Monday, January 6th. UBS Group set a €84.00 ($97.67) target price on Krones and gave the stock a buy rating in a report on Friday, January 24th. DZ Bank restated a neutral rating on shares of Krones in a research report on Friday, January 10th. Deutsche Bank set a €68.00 ($79.07) target price on Krones and gave the stock a neutral rating in a research report on Monday, January 20th. Finally, Hauck & Aufhaeuser set a €87.00 ($101.16) price target on Krones and gave the company a buy rating in a research note on Wednesday, January 22nd. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating to the stock. The stock presently has a consensus rating of Hold and an average price target of €70.09 ($81.50).

ETR:KRN opened at €71.35 ($82.97) on Tuesday. Krones has a 12-month low of €47.46 ($55.19) and a 12-month high of €88.85 ($103.31). The company has a quick ratio of 1.08, a current ratio of 1.40 and a debt-to-equity ratio of 23.09. The firm has a market capitalization of $2.25 billion and a PE ratio of 24.59. The firm has a 50-day moving average price of €69.35 and a 200 day moving average price of €60.01.

About Krones

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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