Krones AG (ETR:KRN) received a €130.00 ($152.94) target price from Baader Bank in a research report issued on Wednesday. The firm currently has a “buy” rating on the stock.

A number of other analysts also recently commented on KRN. Nord/LB set a €98.00 ($115.29) price target on Krones AG and gave the company a “neutral” rating in a research report on Wednesday, June 28th. HSBC Holdings plc set a €117.00 ($137.65) price target on Krones AG and gave the company a “buy” rating in a research report on Friday, June 30th. Deutsche Bank AG set a €106.00 ($124.71) price target on Krones AG and gave the company a “neutral” rating in a research report on Wednesday, July 12th. Commerzbank Ag set a €115.00 ($135.29) price target on Krones AG and gave the company a “buy” rating in a research report on Thursday, July 13th. Finally, UBS AG set a €105.50 ($124.12) price target on Krones AG and gave the company a “neutral” rating in a research report on Thursday, July 20th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and two have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of €111.48 ($131.15).

Krones AG (KRN) opened at 109.60 on Wednesday. The company’s 50 day moving average price is €113.56 and its 200-day moving average price is €108.82. Krones AG has a 12-month low of €82.98 and a 12-month high of €122.43. The firm has a market capitalization of €3.46 billion and a price-to-earnings ratio of 19.31.

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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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