Krones AG (KRN) Given a €105.00 Price Target at Berenberg Bank
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.
COPYRIGHT VIOLATION WARNING: “Krones AG (KRN) Given a €105.00 Price Target at Berenberg Bank” was originally published by American Banking News and is the sole property of of American Banking News. If you are accessing this news story on another domain, it was illegally stolen and reposted in violation of U.S. and international trademark and copyright law. The original version of this news story can be read at https://www.americanbankingnews.com/2017/09/16/krones-ag-krn-given-a-105-00-price-target-at-berenberg-bank.html.
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.
Receive News & Ratings for Krones AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Krones AG and related companies with MarketBeat.com's FREE daily email newsletter.