Krones AG (ETR:KRN) has been given a €105.00 ($125.00) target price by research analysts at Berenberg Bank in a note issued to investors on Friday. The brokerage currently has a “neutral” rating on the stock.

A number of other analysts have also recently commented on KRN. Baader Bank set a €110.00 ($130.95) price target on shares of Krones AG and gave the company a “buy” rating in a research note on Thursday. Commerzbank Ag set a €115.00 ($136.90) price target on shares of Krones AG and gave the company a “buy” rating in a research note on Thursday, July 13th. Deutsche Bank AG set a €106.00 ($126.19) price target on shares of Krones AG and gave the company a “neutral” rating in a research note on Saturday, May 20th. Kepler Capital Markets set a €101.00 ($120.24) price target on shares of Krones AG and gave the company a “neutral” rating in a research note on Monday, August 7th. Finally, Hauck & Aufhaeuser set a €115.00 ($136.90) price target on shares of Krones AG and gave the company a “neutral” rating in a research note on Friday, July 21st. Ten equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of €109.68 ($130.58).

Shares of Krones AG (ETR:KRN) traded up 1.64% on Friday, reaching €114.85. 468 shares of the company traded hands. The stock has a 50 day moving average of €106.01 and a 200 day moving average of €106.31. Krones AG has a 52-week low of €80.90 and a 52-week high of €115.00. The stock has a market cap of €3.63 billion and a price-to-earnings ratio of 20.23.

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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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