Krones AG (ETR:KRN) Given a €101.00 Price Target by Kepler Capital Markets Analysts
Krones AG (ETR:KRN) has been assigned a €101.00 ($118.82) price objective by equities research analysts at Kepler Capital Markets in a report issued on Monday. The brokerage currently has a “neutral” rating on the stock.
Several other equities research analysts have also recently weighed in on KRN. HSBC Holdings plc set a €117.00 ($137.65) price objective on Krones AG and gave the stock a “buy” rating in a research note on Wednesday, August 2nd. Baader Bank set a €110.00 ($129.41) price objective on Krones AG and gave the stock a “buy” rating in a research note on Friday, July 21st. Commerzbank Ag set a €115.00 ($135.29) price objective on Krones AG and gave the stock a “buy” rating in a research note on Thursday, July 13th. S&P Global set a €115.00 ($135.29) price objective on Krones AG and gave the stock a “neutral” rating in a research note on Friday, July 21st. Finally, Hauck & Aufhaeuser set a €115.00 ($135.29) price objective on Krones AG and gave the stock a “neutral” rating in a research note on Friday, July 21st. Ten investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of €109.35 ($128.65).
Shares of Krones AG (ETR KRN) traded up 1.08% during midday trading on Monday, reaching €107.30. The company had a trading volume of 120 shares. The firm has a market capitalization of €3.39 billion and a price-to-earnings ratio of 18.90. The stock has a 50-day moving average of €105.68 and a 200 day moving average of €103.88. Krones AG has a 52 week low of €80.90 and a 52 week high of €113.90.
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About Krones AG
Krones AG is a Germany-based designer, developer and manufacturer of processing, packaging and bottling machines and systems. The Company focuses on stretch blow-molding technology, filling and closing technology, aseptic filling, labeling, direct-printing and dressing technology, inspection and monitoring technology, cleaning technology, rinsers and pasteurizers, packing and palletizing technology, conveyor technology, systems engineering, process technology, brewing technology, information technology, polyethylene terephthalate (PET) recycling plants and factory planning.
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