Krones AG (ETR:KRN) has been assigned a €130.00 ($152.94) price objective by equities research analysts at Baader Bank in a research report issued to clients and investors on Friday. The firm currently has a “buy” rating on the stock.

A number of other research analysts also recently issued reports on the stock. Commerzbank Ag set a €120.00 ($141.18) price target on shares of Krones AG and gave the stock a “neutral” rating in a research report on Friday, July 21st. Warburg Research set a €111.70 ($131.41) price target on shares of Krones AG and gave the stock a “neutral” rating in a research report on Friday, July 21st. UBS AG set a €105.50 ($124.12) price target on shares of Krones AG and gave the stock a “neutral” rating in a research report on Thursday, July 20th. Berenberg Bank set a €105.00 ($123.53) price target on shares of Krones AG and gave the stock a “neutral” rating in a research report on Wednesday, June 21st. Finally, Deutsche Bank AG set a €110.00 ($129.41) price target on shares of Krones AG and gave the stock a “neutral” rating in a research report on Wednesday, September 13th. Eleven equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average price target of €111.43 ($131.10).

Shares of Krones AG (KRN) opened at 116.95 on Friday. Krones AG has a 1-year low of €80.90 and a 1-year high of €122.43. The company’s 50 day moving average is €110.32 and its 200-day moving average is €107.85. The company has a market capitalization of €3.70 billion and a P/E ratio of 20.60.

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Krones AG 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.

Analyst Recommendations for Krones AG (ETR:KRN)

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