Deutsche Bank Analysts Give Krones (ETR:KRN) a €68.00 Price Target

Deutsche Bank set a €68.00 ($79.07) price objective on Krones (ETR:KRN) in a research report report published on Friday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

Several other equities research analysts also recently commented on KRN. Baader Bank set a €82.00 ($95.35) target price on Krones and gave the company a buy rating in a report on Thursday, February 20th. Kepler Capital Markets set a €50.00 ($58.14) target price on Krones and gave the company a sell rating in a report on Thursday, February 20th. UBS Group set a €84.00 ($97.67) price objective on Krones and gave the stock a buy rating in a research note on Friday, January 24th. Hauck & Aufhaeuser set a €87.00 ($101.16) price objective on Krones and gave the stock a buy rating in a research note on Thursday, February 20th. Finally, Warburg Research set a €72.90 ($84.77) price objective on Krones and gave the stock a buy rating in a research note on Thursday, February 20th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and five have assigned a buy rating to the company’s stock. The stock has an average rating of Hold and an average target price of €70.09 ($81.50).

Shares of ETR KRN opened at €60.50 ($70.35) on Friday. 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 market cap of $1.91 billion and a price-to-earnings ratio of 20.85. 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 business has a fifty day simple moving average of €69.30 and a 200-day simple moving average of €60.92.

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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