Warburg Research set a €60.00 ($69.77) price target on Krones (ETR:KRN) in a research note published on Monday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
KRN has been the topic of a number of other research reports. Kepler Capital Markets set a €50.00 ($58.14) price target on Krones and gave the company a sell rating in a research report on Thursday, March 19th. UBS Group set a €76.00 ($88.37) price target on Krones and gave the company a buy rating in a research report on Thursday, March 19th. Baader Bank set a €82.00 ($95.35) price target on Krones and gave the company a buy rating in a research report on Thursday, March 19th. Independent Research set a €67.00 ($77.91) price target on Krones and gave the company a neutral rating in a research report on Thursday, February 27th. Finally, DZ Bank restated a neutral rating on shares of Krones in a research report on Friday, January 10th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the stock. The stock currently has a consensus rating of Hold and an average target price of €65.00 ($75.58).
ETR KRN opened at €48.86 ($56.81) on Monday. The stock’s 50-day simple moving average is €58.47 and its two-hundred day simple moving average is €61.10. Krones has a twelve month low of €42.68 ($49.63) and a twelve 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 company has a market capitalization of $1.54 billion and a price-to-earnings ratio of 16.84.
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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