Krones AG (ETR:KRN) has been assigned a €108.00 ($128.57) price objective by BNP Paribas in a research note issued on Friday. The brokerage presently has a “neutral” rating on the stock.

Several other brokerages also recently commented on KRN. Hauck & Aufhaeuser set a €115.00 ($136.90) price objective on shares of Krones AG and gave the company a “neutral” rating in a research report on Friday, July 21st. Baader Bank set a €110.00 ($130.95) price objective on shares of Krones AG and gave the company a “buy” rating in a research report on Friday, July 21st. DZ Bank AG restated a “buy” rating on shares of Krones AG in a research report on Friday, July 21st. Commerzbank Ag set a €120.00 ($142.86) price objective on shares of Krones AG and gave the company a “neutral” rating in a research report on Friday, July 21st. Finally, UBS AG set a €105.50 ($125.60) price objective on shares of Krones AG and gave the company a “neutral” rating in a research report on Thursday, July 20th. Ten research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of €109.68 ($130.58).

Shares of Krones AG (KRN) opened at 114.85 on Friday. Krones AG has a 12-month low of €80.90 and a 12-month high of €115.00. The firm has a market capitalization of €3.63 billion and a PE ratio of 20.23. The company’s 50-day moving average price is €105.83 and its 200-day moving average price is €106.25.

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About Krones AG

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.

Analyst Recommendations for Krones AG (ETR:KRN)

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